Question
Airline Corporation records for month of February: Per UnitPer MonthSelling price$200,000Direct materials used in production40,000Direct labor10,000Variable manufacturing overhead2,000Fixed manufacturing overhead$140,000Variable selling and administrative expenses20,000Fixed selling
Airline Corporation records for month of February:
Per UnitPer MonthSelling price$200,000Direct materials used in production40,000Direct labor10,000Variable manufacturing overhead2,000Fixed manufacturing overhead$140,000Variable selling and administrative expenses20,000Fixed selling and administrative expenses40,000
Assuming the absorption costing method is used, what is the total manufacturing costs added to work in process during the month of February?
- $52,000
- $92,000
- $87,000
- $122,000
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Taxation Of Individuals And Business Entities 2015
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
6th Edition
978-1259206955, 1259206955, 77862368, 978-0077862367
