Question: In 20x6, Supra Ltd.s net income computed using the variable costing method was $16633, and its net income computed using the absorption costing method was

In 20x6, Supra Ltd.s net income computed using the variable costing method was $16633, and its net income computed using the absorption costing method was $24129. The companys unit product cost was $7.19 under variable costing and $13.43 under absorption costing. The beginning inventory consisted of 3057 units.

What was the companys ending inventory in units?

Select one:

a. 3057 units

b. 4258 units

c. 1856 units

d. 26572 units

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

In 20x6, Supra Ltd.s net income computed using the variable costing method was $17166, and its net income computed using the absorption costing method was $22208. The companys unit product cost was...

In 20x6, Supra Ltd.s net income computed using the variable costing method was $17007, and its net income computed using the absorption costing method was $24644. The companys unit product cost was...

In 20x6, Supra Ltd.s net income computed using the variable costing method was $17484, and its net income computed using the absorption costing method was $24086. The companys unit product cost was...

Knowledge Check 0 1 When the units produced are equal to the units sold, the net operating income computed using the variable costing method is the net operating income using the absorption costing...

Knowledge Check 0 2 When the units produced exceed the units sold, the net operating income computed using the variable costing method is the net operating income using the absorption costing method....

When the units produced exceed the units sold, the net operating income computed using the variable costing method is _ _ _ _ _ _ the net operating income using the absorption costing method.

When the units produced are equal to the units sold, the net operating income computed using the variable costing method is _ _ _ _ _ _ the net operating income using the absorption costing method.

When the units produced are less than the units sold, the net operating income computed using the variable costing method is the net operating income using the absorption costing method. is less than...

Knowledge Check 0 3 When the units produced are less than the units sold, the net operating income computed using the variable costing method is the net operating income using the absorption costing...

Find P for the following cash flow diagram. 1000 1000 1000 1000 400, 400 300 200 300 200 0-1-2-3-4--6-7-8-9-10-11-12-13- - 8% P.

What are the primary limitations of energy storage as a technology Give few examples from the real world where energy storage is being used as part of a larger T&D project, generation project, or...

Exercise 2.17 For these problems, several instructions that are not included in the MIPS instruction set are shown. a. abs $t2, $t3 # R[rd] = |R[rt]| b. sgt $t1, $t2, $t3 # R[rd] = (R[rs] > R[rt]) ?...

Projects A and B are mutually exclusive and both have an initial cost of $88,000. Project A has annual cash flows for three years of $18,300, $34,500, and $52,300, respectively. Project B has annual...

Identify the issues that arose over the call- centre strike in 2012. Put forward arguments for both the union and management sides in this issue. Discuss the proposition that the growth of call...

Read the articles and case studies on e- learning and blended learning and suggest how these might be used in (a) a supermarket chain, (b) a bank and (c) a government department of your choice.

Look up the case in spotlight on the law 9.3. Discuss how you would respond, as a tribunal member, to a claim by a citizen of Leeds that they have been discriminated against because of their location...