22)

If fixed costs are $1,363,000, the unit selling price is $234, and the unit variable costs are $103, the amount of sales (units) required to realize an operating income of $182,000 is

a.13,233 units

b.11,794 units

c.1,767 units

d.5,825 units

21)

Under absorption costing, which of the following costs would not be included in finished goods inventory?

a.direct materials cost

b.direct labor cost

c.variable and fixed factory overhead cost

d.variable and fixed selling and administrative expenses

20)

Joint costs are inseparable

a.before the joint manufacturing process begins

b.before the split-off point

c.after the joint products have been sold

d.after the split-off point