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Chapter 6 - Homework Help Save & Eat Submit 3 Denton Company manufactures and sells o single product. Cost data for the product are given: 275 Bock Variable costs per unit Direet materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costa per month Tixed manufacturing overhead Fixed selling and administrative Total fined cont per month 105,000 160.000 3 265,000 The product sells for $50 per unit. Production and sales data for July and August, the first two months of operations, follow Unite Produced Gold 21,000 17,000 21,000 25,000 July The company's Accounting Department has prepared the following absorption costing income statements for July and August July August Balea $ 150,000 $1,250,000 Cont of goods sold 399,00 Gross margin 49,000 125.000 Belling and administrative expenses Tiet operating Income $262.000 $450,000 La canned whCamstehner MacBook Pro Chapter 6 - Homework Hele Save Sub Check wer 3 Sales Cost of goods sold Gross margin Selling and administrative expenses Het operating income Mant $ 850.000 $1,250,000 357.000 525.000 725,600 211.000 235,000 $ 282,000 150.000 275 Required: 1. Determine the unit product cost under: a Absorption costing Variable costing 2. Prepare variable costing income statements for July and August 3. Reconcile the variable casting and absorption costing net operating incomes Complete this question by entering your answers in the tabs below. Required Required Required 3 Determine the unit product cost under: (a) Absorption costing. C) Variable costing Unit Product Cost Absorption conting Variaticing co OUTDOON Chapter 6 - 6 - Homework Seved Help Save & Exit Submit Check my work 3 Required 1 Required 2 Required 27.5 points Prepare variable costing Income statements for July and August. Denton Company Variable Costing Income Statement July Bok August O 0 Net operating income foss) OS 0 M ospodane walcamsen MacBook Pro Chapter 6 - Homework Save Et Submit Check my word 3 3. Reconcile the variable costing and absorption costing net operating incomes Complete this question by erfering your answers in the tabs below. 275 Required Required 2 Required 3 Reconcile the variable conting and absorption costing net operating Incomes. (Enter any losses or deductions as a negative value.) Recenellation of Variable Corting and Absorption Corting Net Operating Income August Variabile contra rating income fos) Add(educand manufacturing overhead cont deferred in released from inventory under option costing Absorption costing pating income foss) Scanned wo eander MacBook Pro

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