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Carolina Corporation, which uses throughput costing, began operations at the start of the current year. Planned and actual production equaled 30,000 units, and sales totaled

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Carolina Corporation, which uses throughput costing, began operations at the start of the current year. Planned and actual production equaled 30,000 units, and sales totaled 28,000 units at $97 per unit. Cost data for the year were as follows: $ 26 Direct materials (per unit) Conversion cost: Direct labor Variable manufacturing overhead Fixed manufacturing overhead Selling and administrative costs (total) 260,000 370,000 420,000 450,000 Required: A. Compute the company's total cost for the year. B. How much of this cost would be held in year-end inventory under (1) absorption costing and (2) variable costing? C. How much of the company's total cost for the year would appean on the period's income statement under (1) absorption costing and (2) variable costing? Required: A. Compute the company's total cost for the year. B. How much of this cost would be held in year-end inventory under (1) absorption costing and (2) variable costing? C. How much of the company's total cost for the year would appear on the period's income statement under (1) absorption costing and (2) variable costing? I. A Total cost B. Year-end inventory: Absorption costing Variable costing C. Total costs Absorption costing Variable costing here to search C

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