Question
During its first year of operations, Citrus Ltd experienced the following. Units manufactured 70 000 Units sold 60 000 Product costs: Variable $10.50/unit Fixed $315
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During its first year of operations, Citrus Ltd experienced the following.
Units manufactured 70 000 Units sold 60 000 Product costs: Variable $10.50/unit Fixed $315 000 Selling and administrative: Variable $1.60/unit Fixed $140 000
The amount of fixed costs deducted from revenues under the absorption costing approach would be:
$410 000.
$455 000.
$390 000.
$435 000.
During its first year of operations, Citrus Ltd experienced the following.
| Units manufactured | 70 000 |
| Units sold | 60 000 |
| Product costs: | |
| Variable | $10.50/unit |
| Fixed | $315 000 |
| Selling and administrative: | |
| Variable | $1.60/unit |
| Fixed | $140 000 |
The amount of fixed costs deducted from revenues under the absorption costing approach would be:
| $410 000. | ||
| $455 000. | ||
| $390 000. | ||
| $435 000. |
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Accounting Information Systems
Authors: George H. Bodnar, William S. Hopwood
11th Edition
0132871939, 978-0132871938
