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Solved: Johnson, Inc. Has Collected The Following Data For November (there Are No Beginning Inventories): E(Click The Icon View The Data.) Read The Requirements. X IRequirements Requirement 1. Using A

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Johnson, Inc. has collected the following data for November (there are no beginning inventories): E(Click the icon view the d



Johnson, Inc. has collected the following data for November (there are no beginning inventories): E(Click the icon view the data.) Read the requirements. X iRequirements Requirement 1. Using absorption costing, calculate the unit product cost (Round your final answer to the nearest cent.) Absorption 1. Using absorption costing, calculate the unit product cost. 2. Prepare an income staterment using the traditional format costing Unit product cost Data Table Requirement 2. Prepare an income statement using the traditional format. Print Done Johnson, Inc. Income Statement (Absorption Costing) Units produced and sold 400 units For the Month Ended November 30 Sales price 300 per unit Direct materials 65 per unit Direct labor 74 per unit Variable manufacturing overhead 24 per unit 7.200 per month Fixed manufacturing overhead Operating Income Variable selling and administrative costs 10 per unit 5,000 per month Fixed selling and administrative costs Print Done

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1 Absorption Costing Unit product cost $ 181 Workings: Absorption Costing Unit product cost: Direct Material $

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