the variable costing net operating income

Related BrainMass Solutions

• Absorption Costing

  The following data pertain to the company's operations over the last two years: Variable costing net operating income, last year $82,700 Variable costing net operating income, this year $87,800 Increase in ending inventory, last

• Clifton Company, which has only one product, the total contribution margin for the month under the variable costing, Income statement under Variable costing for showing contribution margin & net operating income.

  When production exceeds sales, the net operating income reported under absorption costing generally will be: c.

• Varible and Absorption Costing

  Reconcile the variable costing and absorption costing and net operating income figures for each year. 4.

• Reconcilliation of Absorption and Variable Costing Income

  In Year 4, the company's variable net operating income was $240,200 and its absorption costing net operating income was $267,200. Did inventories increase or decrease during Year 4?

• Absorption Costing

  per unit Variable cost of goods sold = 39000*19=741,000 Variable selling and admin expense = 39000*4=156,000 Requirement 2: Reconcile any difference between the net operating income on your variable costing income statement and the net operating

• Income statements using variable and absorption costing

  (152,400) Absorption costing net operating income $1,498,100 The small difference between the net operating income under absorption costing of $1,497,900 and the income shown above of $1,498,100 is due to rounding of fixed manufacturing overhead

• Variable and absorption costing

  costing 0 Absorption costing net operating income $1850,000 In April there are 150 units in inventory and the difference in cost is $4,000 which is the fixed manufacturing cost per unit In May Variable costing net operating income

• Clayton Company: Variable costing vs absorption costing

  B) the net operating income under absorption costing for the year will be $480 lower than net operating income under variable costing.

• Lean Production, Absorption Costing for Rayco, Inc.

  Reconcile the absorption costing and the variable costing net operating income figure for each quarter.

• Net Income for Variable and Absorption Costing

  Assume that the company uses variable costing, compute the net operating income. (Please show all work). B. Assume that the company uses the absorption costing, compute the net operating income. (Show all work).