During Heaton Companys first two years of operations, it reported absorption costing net operating income...
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During Heaton Companys first two years of operations, it reported absorption costing net operating income as follows: Year Year Sales @ $ per unit $ $ Cost of goods sold @ $ per unit Gross margin Selling and administrative expenses Net operating income $ $ $ per unit variable; $ fixed each year. The companys $ unit product cost is computed as follows: Direct materials $ Direct labor Variable manufacturing overhead Fixed manufacturing overhead $: units Absorption costing unit product cost $ Production and cost data for the first two years of operations are: Year Year Units produced Units sold What is the variable costing net operating income in Year and in Year Note: Loss amounts should be indicated with a minus sign. Net operating income loss:
During Heaton Companys first two years of operations, it reported absorption costing net operating income as follows:
Year Year
Sales @ $ per unit $ $
Cost of goods sold @ $ per unit
Gross margin
Selling and administrative expenses
Net operating income $ $
$ per unit variable; $ fixed each year.
The companys $ unit product cost is computed as follows:
Direct materials $
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead $: units
Absorption costing unit product cost $
Production and cost data for the first two years of operations are:
Year Year
Units produced
Units sold
What is the variable costing net operating income in Year and in Year
Note: Loss amounts should be indicated with a minus sign.
Net operating income loss:
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