Hasselback inc produced 175000 units and prepared the

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Reference no: EM13376954

Hasselback, Inc., produced 175,000 units and prepared the following income report using absorption costing (numbers in $1,000s):

Sales (100,000 Units)		$15,000
Less Cost of Goods Sold
Direct Materials	$1,200
Direct Labor	300
Unit-related overhead	900
Other overhead	4,000	6,400
Gross Margin		8,600
Less other operating costs
Variable Selling & Administrative		600
Fixed Selling & Administrative		2,000
Profit		$6,000

Required:

1. Determine Hasselback's profit using unit-variable costing.

2. Determine Hasselback's profit using throughput costing.

3. Which method do you think presents the most reliable picture of current earnings? Why?

Reference no: EM13376954

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