Question

In: Accounting

SANoresta Inc, produces and sells cosmetic products. The company has just begun manufacturing a new line...

SANoresta Inc, produces and sells cosmetic products. The company has just begun manufacturing a new line of moisturizer. The following cost and revenue data relate to February, the first month of production:

Direct Material

$16

Units Produced

24,000

Direct Labor

$10

Units Sold

20,000

Variable MOH

$4

Variable Selling & Admin

$6

Fixed MOH

$110,400

Fixed Selling & Admin

$170,000

Determine the per unit cost under both variable costing and absorption costing and prepare the income statement for each costing method.

Price per unit is $52

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Expert Solution

ekkarill92 answered 1 year ago
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