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help! Cron Corpocation prodoces a aingle product. Last year. the compony hod a net operatine inceme of $99.000 using obsorption costing nnd 584300 using variablo
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Cron Corpocation prodoces a aingle product. Last year. the compony hod a net operatine inceme of $99.000 using obsorption costing nnd 584300 using variablo costing. The fsed manufacturing overhedd cost was $10 per unit. There were no beginning itrventories. Ir 22.900 units wore produced tast year, then sales last year waro Mintiple chotes 6.200 unite 37600 units 21.430 unas 24,370 units During November, 35,400 units were manufactured and 8.020 units were in beginning inventory Varlable production costs per unit, total flied manufacturing wipenses, and the number of units produced were the same in prior months: The value of the company's inventory on November 30 under absorption costing would be: under the sbsaryition and varbabe costing meihods ahatld be regkiced The er Pexes Bellue incorporbted manutactures in single product. Veribbie costhe not optrating income wno 5115.600 inst year and its inventory decreased by net operetion encome lest yekn? sts600 50.200 517900 506.400 Columbia Corporntion produces o shagle product. The company's vatable costing income statement for November appears belowi During Novembet, 35,320 units were manufactured and 8,490 units were in beginning inventory. Varlabie production-costs per unit, total fixed manufacturing expenses, and the number of units produced were the same in prior months. Under absorption costing, for November the company would report a Step by Step Solution
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