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Nesman Company, which has only one product, has provided the following data conc

ID: 2444791 • Letter: N

Question

Nesman Company, which has only one product, has provided the following data concerning its most recent month of operations Selling price $ 124 Units in beginning inventory Units produced Units sold Units in ending inventory 380 6,810 6,620 570 Variable costs per unit Direct materials Direct labor Variable manufacturing overhead Variable sellng and administrative Fixed costs Fixed manufacturing overhead Fixed selling and administrative $ 41 26 19 $136,200 $ 66,200 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. Required a. Prepare a contribution format income statement for the month using variable costing. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.) Unit product cost under variable costing Direct materials Direct labor Variable manufacturing overhead Variable costing unit product cost

Explanation / Answer

Nesman Company, which has only one product, has provided the following data conc

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