Question
Beginning inventory in units 0 Units produced 4,800 Units sold 4,000 Sales $ 400,000 Material cost (unit level or variable) $ 96,000 Variable conversion cost
| Beginning inventory in units |
| 0 |
|
| Units produced |
| 4,800 |
|
| Units sold |
| 4,000 |
|
| Sales | $ | 400,000 |
|
| Material cost (unit level or variable) | $ | 96,000 |
|
| Variable conversion cost used (Committed) | $ | 48,000 |
|
| Facility-level or fixed manufacturing cost | $ | 72,000 |
|
| Indirect operating costs (fixed) | $ | 80,000 |
|
|
| |||
The absorption Cost of goods sold is:
A. $246,667
B. $120,000
C. $180,000
D. $40,000
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Nike Inc Strategic Audit SWOT Pestle Competitor And Financial Analysis
Authors: Bankim Chandra Pandey
1st Edition
1973352516, 978-1973352518
