Consider the following information:
|
|
Q1
|
Q2
|
Q3
|
|
Beginning inventory (units)
|
0
|
J
|
300
|
|
Budgeted units to be produced
|
4,000
|
4,000
|
Q
|
|
Actual units produced
|
3,800
|
4,200
|
4,100
|
|
Units sold
|
A
|
4,000
|
R
|
|
Variable manufacturing costs per unit produced
|
$125
|
$125
|
$125
|
|
Variable marketing costs per unit sold
|
$40
|
$40
|
$40
|
|
Fixed manufacturing costs
|
$600,000
|
$600,000
|
$600,000
|
|
Fixed marketing costs
|
$250,000
|
$250,000
|
$250,000
|
|
Selling price per unit
|
$400
|
$400
|
$400
|
|
Variable costing operating income
|
B
|
$90,000
|
S
|
|
Absorption costing operating income
|
C
|
K
|
$130,500
|
|
Variable costing beginning inventory
|
D
|
$12,500
|
T
|
|
Absorption costing beginning inventory
|
E
|
L
|
U
|
|
Variable costing ending inventory
|
F
|
M
|
$12,500
|
|
Absorption costing ending inventory
|
G
|
N
|
$27,500
|
|
PVV
|
H
|
O
|
V
|
|
Allocated fixed manufacturing costs
|
I
|
P
|
$615,000
|
There are no price, efficiency, or spending variances, and any production-volume variance is directly written off to cost of goods in the quarter in which it occurs.
Complete the missing figures from the above Table.
|
Q1
|
Q2
|
Q3
|
|
A
|
J
|
Q
|
|
B
|
K
|
R
|
|
C
|
L
|
S
|
|
D
|
M
|
T
|
|
E
|
N
|
U
|
|
F
|
O
|
V
|
|
G
|
P
|
|
|
H
|
|
|
|
I
|
|
|