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(5 points) Albers Corp. produces Item A and Item B. Item A sells for $8 per pound and Item B, the main product, sells for
(5 points) Albers Corp. produces Item A and Item B. Item A sells for $8 per pound and Item B, the main product, sells for $100 per pound. The following information is for August: Production Sales Beginning Inventory Ending Inventory 375 Item A 4375 40000 9625 Item B 10000 375 The manufacturing costs totaled $300,000. What is the dollar difference in Cost of Goods Sold if byproducts are recognized using the Production Method compared to the Sales Method? Add $32,000 to Cost of Goods Sold Subtract $35,000 from Cost of Goods Sold Subtract $33,687 from Cost of Goods Sold Add $11,250 to Cost of Goods Sold
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