Cost Accounting Dissertation Example For Download

4
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Category: Accounting
Subcategory: Advertising
Level: College
Pages: 5
Words: 1375
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UNITS PRODUCED MORE THAN UNITS SOLD ICEAGE COMPANY Income Statement (Absorption Costing) For Year Ended December 31, 2016 Sales $ 1,800,000 COGS $ 1,125,000 Gross Profit $ 675,000 Fixed S&A $ 290,000 Net Income $ 385,000 ICEAGE COMPANY Income Statement (Variable Costing) For Year Ended December 31, 2016 Sales $ 1,800,000 Variable Costs Variable Manufacturing $ 675,000 Variable S&A $ 90,000 Contribution Margin $ 1,035,000 Fixed S&A $ 200,000 Fixed Overhead $ 600,000 Net Income $ 235,000 UNITS PRODUCED ARE LESS THAN UNITS SOLD ICEAGE COMPANY Income Statement (Absorption Costing) For Year Ended December 31, 2017 Sales $ 3,000,000 COGS $ 1,875,000 Gross Profit $ 1,125,000 S&A Expenses $ 350,000 Net Income $ 775,000 ICEAGE COMPANY Income Statement (Variable Costing) For Year Ended December 31, 2017 Sales $ 3,000,000 Variable Costs Variable Manufacturing $ 1,125,000 Variable S&A $ 150,000 Contribution Margin $ 1,725,000 Fixed S&A $ 200,000 Fixed Overhead $ 600,000 Ne...

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