Business, 19.03.2020 09:36 noslengerman

Number of units produced 3,100 Number of units sold 2,400 Unit sales price $ 350 Direct materials per unit $ 60 Direct labor per unit $ 50 Variable manufacturing overhead per unit $ 11 Fixed manufacturing overhead per unit ($232,500/3,100 units) $ 75 Total variable selling expenses ($14 per unit sold) $ 33,600 Total fixed general and administrative expenses $ 64,000 Required: Prepare Crystal Cold’s full absorption costing income statement and variable costing income statement for the year.

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Number of units produced 3,100 Number of units sold 2,400 Unit sales price $ 350 Direct materials pe...

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