11.
Packer Company, which has only one product, has provided the following data concerning its
most recent month of operations:
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. (Hint: Use the reconciliation method.)
What is the unit product cost for the month under variable costing? (Omit the "$" sign in your
response.)
Prepare a contribution format income statement for the month using variable costing. (Input all
amounts as positive values except losses which should be indicated by a minus sign. Omit
the "$" sign in your response.)
Without preparing an income statement, determine the absorption costing net operating income
for the month. (Omit the "$" sign in your response.)
Absorption costing net operating income
Thanks
Packer Company, which has only one product, has provided the following data concerning its
most recent month of operations:

Solution
Variable cost Per Unit= $48
Production in units
Unit Sold 2140
Closing Inventory 450
Total Units Available for Sale 2590
Opening inventory 600
Production in units 1990