Variable Costing: (spreadsheet assignment #3) March: Beginning inventory = 2,500 units $26,500 ($10,000 variable) Production = 32,000 units Sales = 31,000 units @ $50 each VMC (DM, DL, and VOH) = $129,600 FMC = $300,000 VS/A costs = $124,000 FS/A costs = $550,000 April: Beginning inventory = ? Production = 33,000 units Sales = 34,000 units @ $50 each VMC (DM, DL, and VOH) = $133,650 FMC = $300,000 VS/A costs = $126,000 FS/A costs = $550,000 Required: Variable costing income and full-absorption costing income for both March and April. Prepare automated reports for both income methods for both months. A proper solution will include a separate input section (under a separate tab) in which only data items will be entered (you may use one input tab for both months). In a separate section (under another tab), you should link items from the input tab to an output section that contains the income reports (you may use one section for both variable and full-absorption costing income). Using the information above, your solution will be for these periods
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