Beamish Inc., which produces a single product, has provided the following data for its most recent month of operations:         Number of units produced   8,000 Variable costs per unit:     Direct materials $ 37 Direct labor $ 56 Variable manufacturing overhead $ 4 Variable selling and administrative expense $ 2 Fixed costs:     Fixed manufacturing overhead $ 312,000 Fixed selling and administrative expense $ 448,000  There were no beginning or ending inventories. The absorption costing unit product cost was:     $93 per unit     $136 per unit     $97 per unit     $194 per unit

Diego Company manufactures one product that is sold for $77 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 59,000 units and sold 54,000 units.   Variable costs per unit:   Manufacturing:   Direct materials $ 27 Direct labor $ 10 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year:   Fixed manufacturing overhead $ 1,298,000 Fixed selling and administrative expense $ 662,000   The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only…

Ogilvy Company manufactures and sells one product. The following information pertains to each of the company’s first three years of operations: Variable cost per unit:   Direct materials $ 18 Fixed costs per year:   Direct labor $ 682,000 Fixed manufacturing overhead $ 824,000 Fixed selling and administrative expenses $ 220,000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Ogilvy produced 62,000 units and sold 62,000 units. During its second year of operations, it produced 62,000 units and sold 59,800 units. In its third year, Ogilvy produced 62,000 units and sold 64,200 units. The selling price of the company’s product is $46 per unit. Assume the company uses super-variable costing: Compute the unit product cost for Year 1, Year 2, and Year 3. Prepare an income statement for Year 1, Year 2, and Year 3.

Beamish Incorporated, which produces a single product, has provided the following data for its most recent month of operations:   Number of units produced 7,600 Variable costs per unit:   Direct materials $ 109 Direct labor $ 88 Variable manufacturing overhead $ 5 Variable selling and administrative expense $ 10 Fixed costs:   Fixed manufacturing overhead $266,000 Fixed selling and administrative expense $570,000   There were no beginning or ending inventories. The absorption costing unit product cost was:

The following information was collected for the first year of manufacturing for Appliance Apps: Direct Materials per Unit $2.50 Direct Labor per Unit $1.50 Variable Manufacturing Overhead per Unit $0.25 Variable Selling and Administration Expenses $1.75 Units Produced 39,000 Units Sold 35,000 Sales Price $12 Fixed Manufacturing Expenses $117,000 Fixed Selling and Administration Expenses $20,000 Question Content Area Prepare an income statement under variable costing method. Appliance AppsIncome Statement   $- Select -   - Select -   $- Select -   - Select -   $- Select -   - Select -   - Select -   $- Select -   Question Content Area Prepare a reconciliation to the income under the absorption method. Appliance AppsReconciliation   $- Select -   - Select -   $- Select -

Diego Company manufactures one product that is sold for $77 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 59,000 units and sold 54,000 units.   Variable costs per unit:   Manufacturing:   Direct materials $ 27 Direct labor $ 10 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year:   Fixed manufacturing overhead $ 1,298,000 Fixed selling and administrative expense $ 662,000   The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only…