An asterisk (*) will appear to the right of an incorrect entry.
1.
S M L Total
Sales
Variable cost of goods sold
Manufacturing margin
Variable operating expenses
Contribution margin
Fixed costs:
Manufacturing costs
Operating expenses
Total fixed costs
Operating income
2.
Contribution margin for Size M
3.
S L Total
Sales
Variable cost of goods sold
Manufacturing margin
Variable operating expenses
Contribution margin
Fixed costs:
Manufacturing costs
Operating expenses (including additional salary)
Total fixed costs
Operating income
4.
Operating income, Proposal 3
Operating income, present conditions (part 1)
Increase in operating income
Kimbrell, Inc.
For the Year Ended January 31, 20Y8
Size
If Proposal 3 is accepted:
Variable Costing Income Statement
0%
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[Key code here]
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Score:
Key Code:
Instructions
If Proposal 2 is accepted:
Kimbrell, Inc.
Variable Costing Income Statement
For the Year Ended December 31, 20Y8
Size
Problem 21(7)-5B
Name:
Section:
An asterisk (*) will appear to the right of an incorrect entry.
1.
S M L Total
If Proposal 2 is accepted:
3.
S L Total
4.
Kimbrell, Inc.
Kimbrell, Inc.
Variable Costing Income Statement
For the Year Ended December 31, 20Y8
Size
For the Year Ended January 31, 20Y8
Size
If Proposal 3 is accepted:
Problem 21(7)-5B
Name:
Solution
Section:
ON
Variable Costing Income Statement
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Score:
Instructions
Answers are entered in the cells with gray backgrounds.