Makes game consoles in three processes: assembly, programming, and packaging. direct materials are added at the beginning of the assembly process. conversion costs are incurred evenly throughout the process. the assembly department had no work-in-process inventory on october 31 . (click the icon to view additional information.) read the requirements . requirement 1. prepare a production cost report for the assembly department for november . the company uses the weighted-average method. (complete all answer boxes. enter a "0" for any zero balances. round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. abbreviation used: eup

Exercise 6-2 variable costing income statement; explanation of difference in net operating income [lo6-2] ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $970. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 200 units sold 180 units in ending inventory 20 variable costs per unit: direct materials $ 130 direct labor $ 300 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 63,000 fixed selling and administrative $ 25,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 174,600 cost of goods sold 139,500 gross margin 35,100 selling and administrative expense 27,700 net operating income $ 7,400 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing.