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ANSWERS ARE NOT 571,000 & 468,000 Information taken from Collegiate Sporting Goods Company's records for the most recent year is as follows: Direct material used
ANSWERS ARE NOT 571,000 & 468,000
Information taken from Collegiate Sporting Goods Company's records for the most recent year is as follows: Direct material used Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs58,400 Fixed selling and administrative costs $275,000 130,400 63,000 103,000 31,100 Required: 1. Assuming Collegiate Sporting Goods Company uses absorption costing, compute the inventoriable costs for the year. Inventoriable cost 2. Compute the year's inventoriable costs using variable costing. Inventoriable costStep by Step Solution
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