Newman, Inc. has collected the following data for November (there are no beginning inventories). (Click...
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Newman, Inc. has collected the following data for November (there are no beginning inventories). (Click the icon to view the data.) Read the requirements. Data table Units produced and sold Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs Print Requirements Done 350 units unit 62 per unit 74 per unit 16 per unit 5,950 per month $400 per - X 55 per unit per month 4,525 1. Using variable costing, calculate the unit product cost 2. Prepare an income statement using the contribution margin format S -X hal answer to th
Newman, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements Data table Requirements 1. Using variable costing. calculate the unit product cost 2. Prepare an income statement using the contribution margin format
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