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90. The total contribution margin for the month under the variable costing approach is:
91. The total gross margin for the month under the absorption costing approach is:
92. What is the total period cost for the month under the variable costing approach?
93. What is the total period cost for the month under the absorption costing approach?
94. What is the net operating income for the month under variable costing?
95. What is the net operating income for the month under absorption costing?
Ingerson Company, which has only one product, has provided the following data
concerning its most recent month of operations:
96. What is the unit product cost for the month under variable costing?
97. What is the net operating income for the month under variable costing?
5-89
Jarvinen Company, which has only one product, has provided the following data
concerning its most recent month of operations:
The company produces the same number of units every month, although the sales in units vary
from month to month. The company's variable costs per unit and total fixed costs have been
constant from month to month.
98. What is the unit product cost for the month under variable costing?
99. What is the unit product cost for the month under absorption costing?
100. What is the net operating income for the month under variable costing?
101. What is the net operating income for the month under absorption costing?
5-94
DeAnne Company produces a single product. The company's variable costing income
statement for August appears below:
The company produced 35,000 units in August and the beginning inventory consisted of 8,000
units. Variable production costs per unit and total fixed costs have remained constant over the
past several months.
102. The value of the company's inventory on August 31 under the absorption costing method
is:
5-96
103. Under absorption costing, for the month ended August 31, the company would report a:
Fahey Company manufactures a single product that it sells for $25 per unit. The company
has the following cost structure:
There were no units in beginning inventory. During the year, 18,000 units were produced and
15,000 units were sold.
104. Under absorption costing, the unit product cost is:
105. The company's net operating income for the year under variable costing is:
5-99
Galino Company, which has only one product, has provided the following data concerning
its most recent month of operations:
106. The total contribution margin for the month under the variable costing approach is:
