Problems
Income Statement Using Absorption Costing and Direct Costing.
1. Clouseau Corp. develop the following unit costs:
Materials
$ 6.00
Labor
4.25
Variable overhead
4.80
Fixed Overhead
1.55
Variable marketing expense
1.50
Fixed administrative expense
4.50
Total
22.60
The selling price is estimated at $30, and the standard production is 9,000 units. Last
year, production amounted to 9,000 units, if which