MVP Inc.
Income Statement
For the Year Ended December
tableSales$Cost of Goods Sold:,,,Direct Materials variableDirect Labor variableManufacturing Overhead is fixedCost of Goods Sold,,,Gross Profit,,,Operating Expenses:,,,Sales Commissions variableShipping variableAdvertising fixedBilling of which $ is fixedSales and Administrative Salaries fixedTotal Operating Expenses,,,Operating Income Loss$
Additional information:
Sales Price per unit:
All variable expenses in the company vary in terms of units sold
There was no change in inventory levels between the beginning and end of the year
B Using the information above, calculate the missing amounts below:
a Units of product MVP sold in :
Variable cost per unit for the following mixed costs:
b Variable Manufacturing Overhead per unit:
c Variable Billing per unit:
na
