Glossier Images Inc., produces decorative statues. Management has provided the following information: Actual sales 34,000 statues...
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Glossier Images Inc., produces decorative statues. Management has provided the following information: Actual sales 34,000 statues Budgeted production 53,000 statues Selling price $46 per statue Direct material costs $7.50 per statue Variable manufacturing costs $3.60 per statue Variable administrative costs $5.85 per statue Fixed manufacturing overhead $4.80 per statue What is the cost per statue if throughput costing is used? O $11.10 O $21.75 $16.95 $7.50 Glossier Images Inc., produces decorative statues. Management has provided the following information: Actual sales 34,000 statues Budgeted production 53,000 statues Selling price $46 per statue Direct material costs $7.50 per statue Variable manufacturing costs $3.60 per statue Variable administrative costs $5.85 per statue Fixed manufacturing overhead $4.80 per statue What is the cost per statue if throughput costing is used? O $11.10 O $21.75 $16.95 $7.50
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Related Book For
Cost Management A Strategic Emphasis
ISBN: 978-0077733773
7th edition
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
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