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  3. exercise 17.25 skysong co. made 4,000 units of a p

Exercise 17.25 Skysong Co. made 4,000 units of a product during its first year of...

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Accounting

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Exercise 17.25 Skysong Co. made 4,000 units of a product during its first year of operations and sold 3,000 units for $586,100. There was no ending work-in-process inventory. Total costs were $576,000, consisting of the following: Direct materials and direct labour Manufacturing overhead (45% fixed) Selling and administrative $250,000 170,000 156,000 Calculate the cost of the 1,000 units of finished goods ending inventory under actual variable costing. (Round variable manufacturing cost per unit to 3 decimal places, e.g. 15.125 and final answer to the nearest whole dollar, e.g. 5,275.) Cost of ending finished goods inventory LINK TO TEXT Calculate the amount that net income would change if Skysong Co. changed from actual variable costing to actual absorption costing. Net profit would by s LINK TO TEXT

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