Amount $150,000 $750 Sales.... Selling price per pair of skis Variable selling expense per pair of skis, Variable administrative expense per palr of skis. Total fixed selling expense .. Total fixed administrative expense. Beginning merchandise inventory- Ending merchandise inventory. Merchandise purchases.. $50 $10 $20,000 $20,000 $30,000 .3B $40,000 $100,000 .... ..

Income statements under absorption costing and variable costing Fresno Industries Inc. manufactures and sells high-quality camping tents. The company began operations on January 1 and operated at 100% of capacity (204,000 units) during the first month, creating an ending inventory of 25,000 units. During February, the company produced 179,000 units during the month but sold 204,000 units at $530 per unit. The February manufacturing costs and selling and administrative expenses were as follows: Manufacturing costs in February 1 beginning inventory: Variable Fixed Total Manufacturing costs in February: Variable Fixed Total Selling and administrative expenses in February: Variable Fixed Total Number of Units Unit Cost 25,000 $265.00 $6,625,000 25,000 850,000 $299.00 $7,475,000 204,000 204,000 34.00 179,000 $265.00 $47,435,000 179,000 7,016,800 $304.20 $54,451,800 39.20 26.10 Total Cost 1.00 27.10 $5,324,400 204,000 $5,528,400 This information has been collected in the Microsoft Excel…

(2) Allocate the common cost between the previous five products during November 2018 using the physical measurement method. 1-1 (degree) (3) Prepare an income statement for the five products, calculating the percentage of gross profit for each product during the month of November 2018 1-1 (degree) (4) Allocating the common cost among the previous five products during the month of November 2018 using the weights method It is likely that a detailed table will be prepared, indicating how to allocate the joint cost of (55,000 dinars). - (1 degree - 1) You have the following information: Gulf Wooden Industries Company uses oak tree wood to produce its various products, which are five products and are as follows: tables - chairs - libraries - wooden window frames - reception rooms). Note that the cost of the raw material, which is the oak wood that was used, and the costs necessary to manufacture it, amounted to (55,000 dinars) per month. November 2018. The following table shows a summary of…

The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin per unit? Complete this question by entering your answers in the tabs below. Required 2 Required 3 Prepare a traditional income statement for the quarter ended March 31. The Alpine House, Incorporated Traditional Income Statement Required 1 Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Amount $ 1,428,000…