With a production of 10,000 units of product A during the month of June, Budoy Corporation had
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20.Glen Corporation produces a single product. Variable Manufacturing costs is P20 per unit and fixed manufacturing costs is P50,000. Glen Corporation uses normal activity rate 5,000 units to set its standards. Glen Corporation began the year with no inventory, produced 5,500 units and sold 5,250 units. What is Glen Corp's ending inventory cost under adsorption costing?
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
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