Assume that Ajax produces 10,000 items and sells 8,000 items. In this case, the full costing value
Question:
Assume that Ajax produces 10,000 items and sells 8,000 items. In this case, the full costing value of cost of goods sold is:
a. $360,000.
b. $350,000.
c. $300,000.
d. $280,000.
Ajax Manufacturing has the following cost structure:
Transcribed Image Text:
Direct material Direct labor Variable manufacturing overhead Total variable manufacturing costs per unit $10 20 5 $35 Fixed manufacturing overhead per year $100,000 Fixed selling and administrative expense per year $200,000
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