S 1 35 per unit 55 per unit Manufacturing costs Direct materials Direct labor Overhead...
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Accounting
S 1 35 per unit 55 per unit Manufacturing costs Direct materials Direct labor Overhead costs variable Fixed Selling and administrative costs for the year variable Fixed Production and sales for the year Units produced Units sold Sales price per unit 333 point $ 30 per unit $7,700,000 (per year) $ 725,000 54,500,000 110,000 units 10,000 units $ ase per unit 1. Prepare an income statement for the year using variable costing 2. Prepare an income statement for the year using absorption costing Complete this question by entering your answers in the tabs below. Required: Required 2 Prepare an income statement for the year using absorption costing. SIMS COMPANY Absorption Costing Income Statement
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