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11. During the year, variable production costs totaled $10,500 and fixed overhead costs totaled $24,000. If 6,000 units were produced and 5,400 sold, then: a.
11. During the year, variable production costs totaled $10,500 and fixed overhead costs totaled $24,000. If 6,000 units were produced and 5,400 sold, then: a. Full absorption income will be less than direct (variable income) by $2,400. b. Total production cost under full absorption costing was $24,000. c. Production costs from this period will be carried over to the next period under full absorption costing. d. The full absorption production cost per unit is $1.75.
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