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For YourBusinessTutor? PLEASE COMPLETE (B AND D)




(B) Prepare a variable costing income statement for 2012.;(C) Assuming the company uses absorption costing, calculate Polk?s manufacturing cost per unit for 2012.(Round answer to 2 decimal places.;(D)Prepare an absorption costing income statement for 2012.;Variable Cost per Unit;Direct materials;$7.80;Direct labor;$2.55;Variable manufacturing overhead;$5.98;Variable selling and administrative expenses;$4.06;Fixed Costs per Year;Fixed manufacturing overhead;$245,692;Fixed selling and administrative expenses;$249,704;Polk Company sells the fishing lures for $26.00. During 2012, the company sold 81,400 lures and produced 95,600 lures


Paper#76659 | Written in 18-Jul-2015

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