Osewa Inc., planned and actually manufactured 170 comma 000 units of its single product in...

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Accounting

Osewa Inc., planned and actually manufactured 170 comma 000 units of its single product in 2020, its first year of operation. Variable manufacturing cost was $ 19 per unit produced. Variable operating (nonmanufacturing) cost was $ 10 per unit sold. Planned and actual fixed manufacturing costs were $ 510 comma 000. Planned and actual fixed operating (nonmanufacturing) costs totaled $ 400 comma 000. Osawa sold 110 comma 000 units of product at $ 40 per unit.Requirements 1.Osawa's 2020 operating income using absorption costing is (a) $ 480 comma 000,(b) $ 300 comma 000,(c) $ 700 comma 000,(d) $ 880 comma 000, or (e) none of these. Show supporting calculations.2.Osawa's 2020 operating income using variable costing is (a) $ 810 comma 000,(b) $ 480 comma 000,(c) $ 300 comma 000,(d) $ 700 comma 000, or (e) none of these. Show supporting calculations.pop-up content endsRequirement 2. Osawa's 2020 operating income using variable costing is (a) $ 810 comma 000,(b) $ 480 comma 000,(c) $ 300 comma 000,(d) $ 700 comma 000, or (e) none of these. Show supporting calculations.Begin by selecting the labels used in the variable costing calculation of operating income and enter the supporting amounts. Perform the calculations in this step, but select the correct operating income in the next step. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell.)Variable costing

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