Assume the following information for a company that produced 10,000 units and sold 9,000 units during...
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Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: Per Unit Per Year Selling price $200 Direct materials $69 Direct labor $ 50 Variable manufacturing overhead $12 $8 Sales commission Fixed manufacturing overhead $300,000 Using absorption costing, what is the cost of the company's ending inventory? O $139,000 O $131,000 O $161,000 $26,000 Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: Per Unit Per Year Selling price $200 Direct materials $69 Direct labor $ 50 Variable manufacturing overhead $12 $8 Sales commission Fixed manufacturing overhead $300,000 Using absorption costing, what is the cost of the company's ending inventory? O $139,000 O $131,000 O $161,000 $26,000
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A 1 Ending inventory 10000 9000 1000 2 3 Allocation of Direct material cos... View the full answer
Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
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