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Costing Questions please show work and explain steps. 13. Findus Foods company produced 370,000 units and sold 310,000 units at a sales price Chuper 5

Costing Questions
please show work and explain steps. image text in transcribed
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13. Findus Foods company produced 370,000 units and sold 310,000 units at a sales price Chuper 5 $50 per unit. There were no units in beginning inventory cost information ales price of shown in the following table: 15. What is Cost of Goods Sold under absorption costing? a. $1,953,000 b. $1,550,000 c. $2,031,000 d. $2,241,000 16. What is the contribution margin under variable costing? a. $13,547,000 b. $13,872,000 c. $13,259,000 d. $13,181,000 17. What is net income under absorption costing a. $13,547,000 b. $13,872,000 c. $13,259,000 d. $13,181,000

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