Appliance Apps has the following costs associated with its production and sale of devices that allow appliances to receive commands from cell phones. Beginning Inventory Units Produced Units Sold Selling Price per Unit Variable Sales and Administration Expenses Fixed Sales and Administration Expenses Direct Material Cost per Unit 0 26,000 20,800 $146 $4 $1,014,000 Appliance Apps Income Statement: Absorption Cost of Goods Sold: Direct Labor Cost per Unit Variable Manufacturing Overhead Cost per Unit Fixed Manufacturing Overhead Cost per Month $1,019,200 $25 $11 14 Prepare an income statement under the absorption method. If an amount box does not require an entry, leave it blank. D
Appliance Apps has the following costs associated with its production and sale of devices that allow appliances to receive commands from cell phones. Beginning Inventory Units Produced Units Sold Selling Price per Unit Variable Sales and Administration Expenses Fixed Sales and Administration Expenses Direct Material Cost per Unit 0 26,000 20,800 $146 $4 $1,014,000 Appliance Apps Income Statement: Absorption Cost of Goods Sold: Direct Labor Cost per Unit Variable Manufacturing Overhead Cost per Unit Fixed Manufacturing Overhead Cost per Month $1,019,200 $25 $11 14 Prepare an income statement under the absorption method. If an amount box does not require an entry, leave it blank. D
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 16PA: Appliance Apps has the following costs associated with its production and sale of devices that allow...
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