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Business, 11.11.2019 20:31 savrosed

Question 1 of monsters and heroes and men, ltd. which produces a single product, has provided the following data for its first two months of operations. since august was the first month of operations, the company had no beginning inventory for august: : augustseptembernumber of units produced5,0008,000number of units sold4,0009,000units in ending inventory1,price and cost information: selling price: $91manufacturing costs: direct materials$11 per unitdirect labor$27 per unitvariable manufacturing overhead$7 per unitfixed manufacturing overhead$58,000 totalselling and administrative costs: variable selling and administrative expenses$4 per unitfixed selling and administrative expenses$87,500 totala. compute the unit product cost in august using absorption costing. b. compute the unit product cost in august using variable costing. c. calculate net income for the month of august using absorption costing. d. calculate net income for the month of august using variable costing. e. calculate net income for the month of september using absorption costing. f. calculate net income for the month of september using variable costing.

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