Answer Happy

ID DOE) la Alcal Partners uses absorption costing based on standard costs and reports the following data for 2021:1 1 Theoretical capacityu 360-0001 unitsa Practical capacity. 300-0000 unitsa Normal capacity 240-000a units Selling pricen R300 per unita Beginning inventoryu 25-000 unitsa Productions 260-0001 unitsa Sales-volumea 280-000a unitsa Variable budgeted manufacturing costa R3 per unita Total-budgeted fixed manufacturing costsa R39600-000a Total-budgeted operating costs (all-fixed)a R1000-0009 I The production volume variance is written: off to cost-of goods sold. For each choice of denominator-level, the budgeted production cost per unit is also the cost per unit-of beginning- inventory. I 1 Required:1 1 3.1 - Calculate the production volume-variance in-2021 when the denominator level is 1 theoretical capacity 1 b practical capacity normal capacity $92 101 a. C. 32 Prepare absorption costing income statement of Alcal: Partners using theoretical capacity, practical capacity, and normal capacity as the denominator levels | 1 3.3 → Explain why the operating income under normal capacity utilization lower than the other two scenarios. I 1 3.4 - Reconcile the difference in operating income based on the theoretical capacity and practical capacity 11