What is the ending inventory for Banwood using the absorption costing method? Banwood Company had the...
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What is the ending inventory for Banwood using the absorption costing method? Banwood Company had the following information for 20X1: Selling price Variable production costs Variable selling and admin. Expenses Fixed production costs Fixed selling and admin. Expenses Units produced Units sold There were no beginning inventories. P1.50 per unit P40 per unit produced P16 per unit sold P200,000 P140,000 10,000 units 8.000 units What is the ending inventory for Banwood using the absorption costing method? Banwood Company had the following information for 20X1: Selling price Variable production costs Variable selling and admin. Expenses Fixed production costs Fixed selling and admin. Expenses Units produced Units sold There were no beginning inventories. P1.50 per unit P40 per unit produced P16 per unit sold P200,000 P140,000 10,000 units 8.000 units
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First lets calculate the total variable production costs Variable production cost per unit P40 Units ... View the full answer
Related Book For
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078110917
9th edition
Authors: Ronald W. Hilton
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