A business operated at 100% of capacity during its first month and incurred the following costs:...
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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,300 units): Direct materials $175,800 Direct labor 221,600 Variable factory overhead 244,100 Fixed factory overhead 105,000 $746,500 Operating expenses: Variable operating expenses $121,200 Fixed operating expenses 48,300 169,500 If 1,900 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is a. $90,176 b. $75,084 c. $63,153 d. $73,492 A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,300 units): Direct materials $175,800 Direct labor 221,600 Variable factory overhead 244,100 Fixed factory overhead 105,000 $746,500 Operating expenses: Variable operating expenses $121,200 Fixed operating expenses 48,300 169,500 If 1,900 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is a. $90,176 b. $75,084 c. $63,153 d. $73,492
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