1.The EG Company produces and sells one product. The following data refer to the year just completed:

Beginning Inventory-3,000 Units

Units produced-20,000

units sold-21,000

SALE PRICE PER UNIT-$425

Selling and Admin Expense:

Variable-20

Fixed-312,000

Manufacturing costs:

•    DM-210
•    DL-75
•    VMOH-37
•    FMOH-360,000

Required:

A. compute the cost of a single unit of product under both the absorption costing and variable costing approaches.

B. prepare an income statement for the year using absorption costing

C. prepare a contribution format income statement for the year using variable costing.

2. Pressler corporation's activity-based costing system has three activity cost pools- Machining, setting up, and other. The company's overhead cost, which consist of equipment deprecriation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools consumption of resources...

Equipment Depreciation (Total)   $27,000

Indirect labor (Total)    $7,000

Distribution of resource consumption acros activiity cost pools:

                                                  Machining       Setting Up     Other

Equipment depreciation              0.40                0.30              0.30

Indirect labor                              0.20                0.30               0.50

Costing in the maching cost pool are assigned to products based on machine-hours (MHs) and cost in the setting up cost poo are assigned to products based on the number of batches. Costs in the other cost pool are not asigned to products.

                                   MHs           Batches

Product S4                 8,100             400

Product V6                 1,900           1,600

Total                         10,000           2,000

Additional data concerning the Company's products appear below:

                                             Product S4              Product V6

Sales (total)                          $71,400                    $57,600

Diret Materials (total)            $21,900                     $19,900

Direct Labor (total)                $33,700                     $25,100

Required:

A. Assign overhead costs to activity cost pools using activity-based costing.

B. Calculate activity rates for each activity cost pool using activity-based costing.

C.Determine the amount of overhead cost that would be assigned to each product using activity-based costing.

D.Determine the product margins for each product using activity-based costing.

3. The IT corportation produces and markets two types of electronic calculators: Model 11 and Model 12. The following data were gathered on activities last month:

                                                  Model 11         Model 12

Sales in units                             4,000                 6,000

Selling price per unit                   75                     125

Variable production cost             22                      38

Traceable fixed production       118,000           225,000

Variable selling Exp                      6                        8

Traceable fixed selling Exp        8,500               11,500

Allocated Division Admin Exp    42,000              70,000

Required: Pepare a segmente income statement in the contribution format for last month.Just need help solving these three problems.