I need to show the work on this assigment as well including an apa title page. P
I need to show the work on this assigment as well including an apa title page. Paint More, LLC, has organized a new division to manufacture and sell specialty paint. The division’s monthly costs are shown below: Manufacturing costs: Variable costs per unit: Direct materials $12 Variable manufacturing overhead $1 Fixed manufacturing overhead costs (total) $100,000 Selling and administrative costs: Variable 7% of sales Fixed (total) $31,000 Because the production is highly automated, the company includes its labor costs in its fixed manufacturing overhead. The gallons of paint sell for $68 each. During September, the first month of operations, the following activity was recorded: Units produced 5,000 Units sold 4,000 Instructions: Submit an Excel document with each tab labeled by item number that demonstrates the following: Compute the unit product cost under: Absorption costing Variable costing Prepare an absorption costing income statement for September Prepare a contribution format income statement for September using variable costing
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