Unit Data, Variable Costs, & Fixed cost provided below. Data...
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Accounting
Unit Data, Variable Costs, & Fixed cost provided below.
Data Table i March 150 1,520 1,530 January February Unit data: Beginning inventory 0 150 Production 1,500 1,400 Sales 1,350 1,400 Variable costs: Manufacturing cost per unit produced S 1,000 $ 1,000 $ Operating (marketing) cost per unit sold S 800 $ 800 S Fixed costs: Manufacturing costs S 525,000 $ 525,000 $ Operating (marketing) costs $ 130,000 $ 130,000 $ 1,000 800 525,000 130,000 Print Done Requirement 1. Prepare income statements for EntertainMe in January, February, and March 2017 under (a) variable costing and (b) absorption costing. (a). Prepare income statements for EntertainMe in January, February, and March of 2017 under variable costing. Complete the top half of the income statement for each month first, then complete the bottom portion. (Complete all answer boxes. Enter a "0" for any zero balance accounts.) January 2017 February 2017 March 2017
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