Yang Company began operations in 2010. Its operating information follows: Required: A. Using…

Yang Company began operations in 2010. Its
operating information follows:

Required:

A. Using absorption costing, determine
Yang’s gross margin and profit for the year.

B. Using variable costing, determine Yang’s
contribution margin and profit for the year.

C. Using throughput costing, determine
Yang’s throughput margin and profit for the year.

D. Determine the differences in ending
inventory using absorption, variable, and throughput costing.