High Country, Incorporated, produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant's operation: Beginning inventory Units produced Units sold Selling price per unit Selling and administrative expenses: Variable per unit Fixed (per month) Manufacturing costs: Required: 1. Assume that the company uses absorption costing. a. Calculate the unit product cost. b. Prepare an income statement for May. 2. Assume that the company uses variable costing. a. Calculate the unit product cost. b. Prepare a contribution format income statement for May. Direct materials cost per unit $ 17 Direct labor cost per unit $7 Variable manufacturing overhead cost per unit $3 Fixed manufacturing overhead cost (per month) $ 672,000 Management is anxious to assess the profitability of the new camp cot during the month of May. Req 1A 42,000 37,000 $ 77 Complete this question by entering your answers in the table below. Req 1B $3 $ 563,000 Req 2A Req 2B Prepare an income statement for May. Assume that the company uses absorption costing. High Country, Incorporated

Finch Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 6,000 and 12,000 trophies per year. The following cost data apply to various activity levels: Required Complete the following table by filling in the missing amounts for the levels of activity shown in the first row of the table. Note: Round "Cost per unit" answers to 2 decimal places. Number of Trophies Total costs incurred Fixed Variable Total costs Cost per unit Fixed Variable Total cost per trophy $ 84,000 48,000 $ 132,000 $ $ 6000 $ 14.00 8.00 22.00 $ 8000 0 $ 0.00 $ 10000 0 0.00 $ $ 12000 0 0.00

need help please

Could you please answer all the reuired fields correctly.

Sassy Company uses the product cost concept of applying the cost-plus approach to product pricing (this is the one we learned). Sassy Company desires a profit equal to a 15% rate of return on invested assets of $550,000. The costs and expenses of producing 35,000 units of Product H are as follows: (NOTE: This is the same fact pattern as the previous two questions) Fixed factory overhead cost $35,000 Fixed selling and administrative costs 16,500 Variable direct materials cost per unit 2.60 Variable direct labor cost per unit 4.30 Variable factory overhead cost per unit 1.30 Variable selling and administrative cost per unit 0.75 The markup percentage on total cost for the company's product is: O 23.2% 38.9% O not possible to calculate with the information provided O 29.8%

Please solve this correct solution

You are Capable of Amazing Things (YCAT) is in the process of determining how their costs behave. Cost information for the previous four months is provided below. Month Total Costs Total Units June $92,000 3,300 units July $124,000 4,200 units August $103,000 2,900 units September $118,000 4,500 units   YCAT sells each unit for an average unit selling price of $46. Their normal operations are between 2,500 and 5,000 produced units each month. Using the provided information, answer the following questions. What is the October profit if 4,800 units are produced?

High Country, Incorporated, produces and sells many recreational products. The company just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant's operation: Beginning inventory Units produced Units sold Selling price per unit Selling and administrative expenses: Variable per unit Fixed (per month) Manufacturing costs: Direct materials cost per unit Direct labor cost per unit Variable manufacturing overhead cost per unit Fixed manufacturing overhead cost (per month) Required: 1. Assume the company uses absorption costing. a. Calculate the camp cot's unit product cost. b. Prepare an income statement for May. 2. Assume the company uses variable costing. a. Calculate the camp cot's unit product cost. b. Prepare a contribution format income statement for May. 0 46,000 41,000 $83 $4 $ 565,000 $ 16 $ 8 $1 $ 782,000 Complete this question by entering your answers in…

Stuart Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 10,000 and 16,000 trophies per year. The following cost data apply to various activity levels: Required Complete the following table by filling in the missing amounts for the levels of activity shown in the first row of the table. Note: Round "Cost per unit" answers to 2 decimal places. Number of Trophies Total costs incurred Fixed Variable Total costs Cost per unit Fixed Variable Total cost per trophy $ 66,000 $ 42,000 $ 108,000 $ $ 10,000 $ 6.60 4.20 10.80 12,000 $' 14,000 4,20 4.20 $ 66,000 $ 66,000 $ 66,000 50,400 58,800 67,200 116,400 $ 124,800 $ 133,200 4.20 4.20 16,000 $ 4.20 4.20

need help please