Question
Gel Shell makes gel nail polish, which they sell for $18/bottle. Gel Shell has the following costs Type of Cost. Amount Direct Materials. $2/unit Direct
Gel Shell makes gel nail polish, which they sell for $18/bottle. Gel Shell has the following costs
Type of Cost. Amount Direct Materials. $2/unit Direct Labor. $3/unit Variable Overhead. $4/unit Fixed Overhead. $800,000/year Variable sales and administrative. $1/unit Fixed sales and administrative. $80,000/year
In the current year, Gel Shell produced 160,000 bottles of nail polish and sold $170,000 bottles of nail polish. The ended the year with 30,000 unsold bottles of nail polish. What is the value of Gel Shell's ending inventory under variable costing? Group of answer choices 420,000 250,000 270,000 490,000
Question 29 2 pts Gel Shell makes gel nail polish, which they sell for $18/bottle. Gel Shell has the following costs Gel Shell's Costs Amount Type of Cost Direct Materials Direct Labor S2 unit Variable Overhead Fixed Overhead Variable sales and administrative Fixed sales and administrative 33/unit $4/unit $800.000/year $1/unit $80.000/year In the current year. Gel Shell produced 160,000 bottles of nail polish and sold $170.000 bottles of nail polish The ended the year with 30,000 unsold bottles of nail polish What is the value of Gel Shell's ending inventory under variable costing? O 420,000 0 250.000 0 270,000 490.000 Previous NextStep by Step Solution
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