A manufacturer reports the following costs to produce 1 5 , 0 0 0 units in its

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Question:

A manufacturer reports the following costs to produce

15, 000

units in its first year of operations: direct materials, $

15

per unit, direct labor, $

11

per unit, variable overhead, $

150, 000,

and fixed overhead, $

210, 000 .

Of the

15, 000

units produced,

13, 700

were sold, and

1, 300

remain in inventory at year

-

end. Under absorption costing, what is the value of the inventory is?

Posted Date: May 09, 2024 01:46 AM

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A manufacturer reports the following costs to produce 1 5 , 0 0 0 units in its

Question:

Expert Answer:

To determine the value of the inventory under absorption costing we need to calculate the total cost ... View the full answer

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