Question
1-Is the fixed manufacturing overhead of $1,060,000 treated as a product cost in both absorption costing and variable costing? 2-What is the unit product cost
1-Is the fixed manufacturing overhead of $1,060,000 treated as a product cost in both absorption costing and variable costing?
2-What is the unit product cost under variable costing?
3-What is the unit product cost under absorption costing?
4-In the first year, does the company produce more products than it sells? Under absorption costing, does this mean fixed manufacturing overhead costs are released from inventory, or deferred in inventory?
5-What is the companys total contribution margin under variable costing?
can you selove these please with steps?
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