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At the end of its fiscal year, C.G. Manufacturing recorded the data below: Prime cost $800,000 Variable manufacturing overhead 100,000 Fixed manufacturing overhead 160,000 Variable
At the end of its fiscal year, C.G. Manufacturing recorded the data below:
Prime cost | $800,000 |
Variable manufacturing overhead | 100,000 |
Fixed manufacturing overhead | 160,000 |
Variable selling and other expenses | 80,000 |
Fixed selling and other expenses | 40,000 |
Using absorption (full) costing, C.G.s inventoriable costs are
$800,000
$900,000
$1,080,000
$1,060,000
Im pretty sure the answer is $900,000 but am not 100% sure
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