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2. The following information is associated with the production of electronic items of Blue Chips Bhd. UNITS: Beginning inventories Produced Sold(RM300) Costs per unit: Direct
2. The following information is associated with the production of electronic items of Blue Chips Bhd.
UNITS:
Beginning inventories
Produced
Sold(RM300)
Costs per unit:
Direct materials
Direct labor
Overhead
Fixed costs:
Fixed overhead per unit produced
Fixed selling and administrative
Required:
To calculate Units in ending inventory.
Using absorption costing calculate:
The per-unit product cost.
The value of ending inventory.
Using variable costing calculate:
The per-unit product cost.
The value of ending inventory.
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