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aTHE OPTIONS: a. 9,452,300 b. 9,457,700 c. 9,444,800 d. 9,430,250 Question Complet 7 rugzv # 399 variances) Actual fixed manufacturing overhead costs a $465 65430
aTHE OPTIONS:
a. 9,452,300
b. 9,457,700
c. 9,444,800
d. 9,430,250
Question Complet 7 rugzv # 399 variances) Actual fixed manufacturing overhead costs a $465 65430 c 5380 d $283 QUESTION 25 Friday Night Inc manufactures high-quality 5-liter boxes of wine which it selis for S14 per box Below is some information related to Friday Night's capacity and budgeted fixed manufacturing costs for 2019 Hours of Production per Day Days of Production per Period Boxes per Hour Budgeted Fixed Manufacturing Overhead per Period Denominator Level Capacity Concept 362 310 310 310 $2,500,000 $2,500,000 $2,500,000 $2,500,000 22 16 16 16 300 250 175 200 Theoretical capacity Practical capacity Normal capacity Master budget capacity Production during 2019 was 990.000 boxes of wine, with 15,000 remaining in ending inventory at 12/31/19. Actual variable manufacturing costs were $1,762,200 (there are no variable cost variances) Actual fixed manufacturing overhead costs were $2,500,000. Faced manufacturing overhead cost variances are written off to cost of goods sold in the period in which they occur. What is gross margin under normal capacity? Hint don't forget the production-volume varianceStep by Step Solution
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