Question: Exercise 13-21 (Algo) Variable versus absorption costing LO 13-8 Angora Creations Company manufactures wool sweaters. Costs incurred in making 9,800 sweaters in September included $33,810

 Exercise 13-21 (Algo) Variable versus absorption costing LO 13-8 Angora Creations

Exercise 13-21 (Algo) Variable versus absorption costing LO 13-8 Angora Creations Company manufactures wool sweaters. Costs incurred in making 9,800 sweaters in September included $33,810 of fixed manufacturing overhead The total absorption cost per sweater was $10.60. Required: a. Calculate the variable cost per sweater. b. The ending inventory of sweaters was 1,500 units lower at the end ofthe month than at the beginning ofthe month. By how much and in what direction (higher or lower) would cost of goods sold for the month of September be different under variable costing than under absorption costing? c. Express the sweater cost in a cost formula. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the variable cost per sweater. Note: Round intermediate calculations and final answer to 2 decimal places. Variable cost per sweater r Requlrod B )

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