Ober Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 120 Units in beginning inventory 0 Units produced 8,900 Units sold 8,400 Units in ending inventory 500 Variable costs per unit: Direct materials $ 38 Direct labor $ 36 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 9 Fixed costs: Fixed manufacturing overhead $ 151,300 Fixed selling and administrative expense $ 109,200 Required: a. Prepare a contribution format income statement for the month using variable costing. b. Prepare an income statement for the month using absorption costing

Results are below.

Explanation:

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

First, we need to calculate the total unitary variable cost:

Total unitary variable cost= 38 + 36 + 6 + 9

Total unitary variable cost= $89

Now, the income statement:

Sales= 8,400*120= 1,008,000

Total variable cost= 89*8,400= (747,600)

Total contribution margin= 260,400

Fixed manufacturing overhead= (151,300)

Fixed selling and administrative expense= (109,200)

Net operating income= (100)

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

First, we need to calculate the unitary production cost:

Unitary production cost= 38 + 36 + 6 + (151,300 / 8,900)

Unitary production cost= $95

Now, the income statement:

Sales= 1,008,000

COGS= 8,400*95= (798,000)

Gross profit= 210,000

Total selling and administrative expense= 109,200 + (8,400*9)= (184,800)

Net operating income= 25,200

multiculturalism is a particular subject of debate in certain european nations that are associated with the idea of a single nation within their country. critics of multiculturalism may argue against cultural integration of different ethnic and cultural groups to the existing laws and values of the country.

so yes, multiculturalism can (and usually does) result in the host country/continent losing its culture, identity and linguistics, especially due to the raw numbers of demographic transitions.

explanation:

answer; /// i do believe the correct answer is (possession utility);