Question: Chapter 9 Problems 10 14 points This year, Amber purchased a business that processes and packages landscape mulch. Approximately 30 percent of management time, space,

 Chapter 9 Problems 10 14 points This year, Amber purchased a

Chapter 9 Problems 10 14 points This year, Amber purchased a business that processes and packages landscape mulch. Approximately 30 percent of management time, space, and expenses are spent on this manufacturing process. At the end of the year, Amber's accountant indicated that the business had processed 20 million bags of mulch, but only 1 million bags remained in the ending Inventory. What is Amber's tax basis in her ending Inventory If the UNICAP rules are used to allocate Indirect costs to Inventory? (Assume direct costs are allocated to inventory according to the level of ending Inventory. In contrast, indirect costs are first allocated by time spent and then according to level of ending inventory.) (Leave no answers blank. Enter zero if applicable.) eBook Material: $ Print Salaries: Mulch and packaging Administrative supplies Factory labor Sales & advertising Administration Factory Offices Factory Offices Total Costs Tax Inventory 600,000 $ 30,000 31,000 930 2,010,000 201,000 360,000 0 620,000 700,000 350,000 1,085.000 420.000 $ 231,930 Property taxes: Depreciation

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