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 ending inventory is:

a. $70,000.

b. $90,000.

c. $130,000.

d. $140,000.

Ajax Manufacturing has the following cost structure:

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Managerial Accounting

ISBN: 12

3rd Edition

Authors: James Jiambalvo

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Question Posted: May 22, 2024 06:02 AM

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Assume that Ajax produces 10,000 items and sells 8,000 items. In this case, the full costing value

Question:

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

Step by Step Answer:

Managerial Accounting

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