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  3. process required 31 section 3 section c (10 p

process required 31 Section 3 Section C (10 points)...

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Accounting

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31 Section 3 Section C (10 points) Amon Upload Q4. Falcon Distributors Ltd. collected the following sales and cost data from production and marketing units for the month of February 2021 Number of units sold Selling price per unit Variable manufacturing cost Fixed manufacturing costs Variable selling and administrative cost Fixed selling and administrative costs 20000 $25 $10 $1.00,000 SS $40.000 Required: a. Prepare the income statement using absorption costing method, and contribution margin method. Treat all variable costs as direct costs and all fixed costs as indirect costs. b. Determine the number of units and sales value required to break even c. Determine number of units to be sold to derive an operating profit of $230,000 (6+2+2=10)

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