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Variable Costing, Value of Ending Inventory, Operating Income Pattison Products, Inc., began operations in October and manufactured 45,000 units during the month with the following unit costs: Direct materials Direct labor Variable overhead Fixed overhead Variable marketing cost Fixed overhead per unit $ Total fixed factory overhead is $315,000 per month. During October, 44,000 units were sold at a price of $26, and fixed marketing and administrative expenses were $116,300. Required $5.00 3.00 1.50 7.00 1.20 31,000/45,000 units produced-$7.00 1. Calculate the cost of each unit using variable costing. Round your final answer to the nearest cent. per unit 2. How many units remain in ending inventory? units What is the cost of ending inventory using variable costing?3. Prepare a variable-costing income statement for Pattison Products, Inc., for the month of October Pattison Products, Inc. Variable-Costing Income Statement For the Month of October Less: Contribution margin Less Operating income 4. What if November production was 45,000 units, costs were stable, and sales were 46,000 units? What is the cost of ending inventory? If an amount is zero, enter 0. What is operating income for November?

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500 + .00+ 1.50 9. 50 45,0004 ,000 1,000 unuto vartable cos 2 1,000 x 9.50 2 9,500ulable-cog meere tatement Metod ab octobe - Bmaunt 1l,44,000 Balas . C44000 Un,taxas) naBle cost di g ox 18,00 Varg6e Maketi co8t (4 0ox 1.9) - 5.,80 20,8.00 Fixed senkead ,15.000 4,91,200 0141900 2 1000 5,000 46,000 46 1000 46,000

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