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10. During the most recent year, Boston Corp. had the following data: Beginning inventory in units Units produced Units...

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10. During the most recent year, Boston Corp. had the following data: Beginning inventory in units Units produced Units sold ($125 per unit) Variable costs per unit: Direct materials Direct labor Variable overhead Fixed costs: Fixed overhead per unit produced Fixed selling and administrative 15,400 8,200 $13 $16 $8 $23 $185,000 Required: A. How many units are in ending inventory? B. Using absorption costing, calculate the per-unit product cost. What is the value of ending inventory? C. Using variable costing, calculate the per-unit product cost. What is the value of ending inventory? D. Prepare an income statement using absorption costing. E. Prepare an income statement using variable costing. Page 8 o

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i10 A units produced 15400 Less units sold 8200 Ending inventory 7200 units B Absorption cost formul View the full answer


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Macroeconomics Principles Applications and Tools

Macroeconomics Principles Applications and Tools

ISBN: 978-0134420684

9th edition

Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez

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Posted Date: January 09, 2021 22:41:51
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