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Prepare income statement for abc corporation for september

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ABC Corporation manufactures and sells laptop computers and uses standard costing. The following information was for the month of September:

There was no beginning inventory; there were 3,000 units produced and 2,500 units sold. The manufacturing variable cost per unit is $385 and the variable operating cost per unit was $312.50. The fixed manufacturing cost is $450,000 and the fixed operating cost is $75,000. The selling price per unit is $925.

Required:

Problem 1: Prepare the income statement for ABC Corporation for September under variable costing

Reference no: EM132826551

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