The company's $31 unit product cost is computed as follows: Production and cost data for the
first two years of operations are: Required: 1. Using variable costing, what is the unit product
cost for both years? 2. What is the variable costing net operating income in Year 1 and in Year
2? 3. Reconcile the absorption costing and the variable costing net operating income figures for
each year. Answer is not complete. Complete this question by entering your answers in the tabs
below. Reconcile the absorption costing and the variable costing net operating income figures for
each year..
The companys $31 unit product cost is computed as follows Productio.pdf
1. The company's $31 unit product cost is computed as follows: Production and cost data for the
first two years of operations are: Required: 1. Using variable costing, what is the unit product
cost for both years? 2. What is the variable costing net operating income in Year 1 and in Year
2? 3. Reconcile the absorption costing and the variable costing net operating income figures for
each year. Answer is not complete. Complete this question by entering your answers in the tabs
below. Reconcile the absorption costing and the variable costing net operating income figures for
each year.
