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(Appendix 5A)Ellert Corporation manufactures and sells one product.The following information pertains to the company's first year of operations: The company does not have any variable manufacturing overhead costs or variable selling and administrative costs.During its first year of operations, the company produced 52, 000 units and sold 51, 000 units.The company's only product is sold for $251 per unit.
Required:
a.Assume the company uses super-variable costing.Compute the unit product cost for the year and prepare an income statement for the year.
b.Assume that the company uses a variable costing system that assigns $26 of direct labor cost to each unit that is produced.Compute the unit product cost for the year and prepare an income statement for the year.
Input Devices
Hardware devices used to send data to a computer, allowing the user to interact with and control it; examples include keyboards, mice, and scanners.
Keyboard
A hardware device used to enter typed data and commands into a computer.
Touch Screen
A type of monitor (or display in a smartphone or tablet computer) that accepts input from a user touching the screen.
Embedded Computers
Special-purpose computers embedded within electronic devices, meant to control its functions and operations.
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