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For the current year, Bose Inc., had sales of 45,000 units and production of 55,000 umuts Other information for the year included: Direct manufacturing Labour$169,500
For the current year, Bose Inc., had sales of 45,000 units and production of 55,000 umuts Other information for the year included: Direct manufacturing Labour$169,500 Variable manufacturing overhead73,000 Direct materials62,000 Variable selling expenses.20,000 Fixed administrative expenses 225,000 Fixed manufacturing overhead 125,000 There was no beginning inventory. Required: a Compute the ending finished goods inventory under both absorption and variable costing b.Compute the cost of goods sold under both absorption and variable costing
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