Question: Rede Inc. manufactures a single product..9 Variable costing net operating income was $63,800 last year and its inventory increased by 300 units . Fixed manufacturing
Rede Inc. manufactures a single product..9 Variable costing net operating income was $63,800 last year and its inventory increased by 300 units . Fixed manufacturing overhead cost was $4 per unit for both units in beginning and in ending inventory . What was the absorption costing net operating income ?last year
Amman Co. uses a standard costing. 11 system in the manufacture of its single product. The 35,000 units of raw material in inventory were purchased for $105,000, and 1 unit of raw materials are required to produce 1 unit of final product. In November, the company produced 12,000 units of product, which was as budgeted. The standard allowed for material was $60,000, and there was an unfavorable quantity .variance of $2,500 man Co.'s standard price for one unit of material, and the units of material used to ,produce November output are
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