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Can I please ask for solutions for these questions. thank you Question 33 A company had income of $50,000 using variable costing for a given
Can I please ask for solutions for these questions. thank you
Question 33 A company had income of $50,000 using variable costing for a given period. Beginning and ending inventories for the period were 18,000 units and 13,000 units, respectively. If the fixed overhead application rate was $2 per unit, what was the net income, using absorption costing? $40,000 Question 34 Using the following data as follows: Direct materials $ 90,000 Direct labor 120,000 Variable factory overhead 60,000 Fixed factory overhead 150,000 Fixed marketing and administrative expense 180.000 The factory produced 80,000 units during the period and 70,000 units were sold for $700,000. How much is the net income using absorption costing? O $152,500 Question 35 Using the following data as follows: Direct materials $90,000 Direct labor 120,000 Variable factory overhead 60,000 Fixed factory overhead 150,000 Fixed marketing and administrative expense 180,000 The factory produced 80,000 units during the period and 70,000 units were sold for $700,000. How much is the contribution margin? $463 750Step by Step Solution
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