Stultz Manufacturing has the following information for the years ended December 31, 2012, and December 31, 2013:
The 2012 cost per unit was the same in year 2011.
Required:
1. Prepare the variable-cost and full-cost income statements for 2012 and 2013.
2. Prepare a reconciliation and explanation for the differences between full-cost and variable-cost operating income for both years.

Question

Stultz Manufacturing has the following information for the years ended December 31, 2012, and December 31, 2013:
  The 2012 cost per unit was the same in year 2011.
Required:
1. Prepare the variable-cost and full-cost income statements for 2012 and 2013.
2. Prepare a reconciliation and explanation for the differences between full-cost and variable-cost operating income for both years.

Quizplus · Accepted Answer

The Answer of Stultz Manufacturing has the following information for the years ended December 31, 2012, and December 31, 2013:
  The 2012 cost per unit was the same in year 2011.
Required:
1. Prepare the variable-cost and full-cost income statements for 2012 and 2013.
2. Prepare a reconciliation and explanation for the differences between full-cost and variable-cost operating income for both years.

Stultz Manufacturing Has the Following Information for the Years Ended