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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,400 units): Direct materials $183,600 Direct labor
A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,400 units): Direct materials $183,600 Direct labor 222,800 Variable factory overhead 257,400 Fixed factory overhead 104,600 $768,400 Operating expenses: Variable operating expenses $133,100 Fixed operating expenses 40,000 173,100 If 1,600 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is a.$52,064 b.$62,502 c.$60,267 d.$73,843
6. MC.22.74. ALGO A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,400 units): 7. MC.21.96.ALGO Direct materials $183,600 8. MC.22.128.ALGO Direct labor 222,800 Variable factory overhead 257,400 9. MC.21.87 ALGO Fixed factory overhead 104,600 $768,400 10. MC.22.125.ALGO 11. MC.22.67 ALGO Operating expenses: Variable operating expenses Fixed operating expenses $133,100 12. MC.22.91.ALGO 40,000 173,100 If 1,600 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is 13. MC.22.86.ALGO Oa. $52,064 14. MC.21.75. ALGO Ob. $62,502 Oc. $60,267 Od. $73,843 15. MC.21.95 ALGO 16. MC.22.83.ALGO 17. MC.21.82.ALGO 18. MC.22.119.ALGO 19. MC.21.81.ALGO Check My Work 1 more Check My Work uses remaining Previous Progress: 19/19 itemsStep by Step Solution
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