Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need all parts answered , Thank you F Fixed overhead per unit =$280,000/40,000 units produced =$7. Total fixed factory overhead is $280,000 per month.
I need all parts answered , Thank you
F Fixed overhead per unit =$280,000/40,000 units produced =$7. Total fixed factory overhead is $280,000 per month. During October, 38,400 units were sold at a price of $24, and fixed marketing and admir Required: 1. Calculate the cost of each unit using absorption costing. Round your final answer to the nearest cent. per unit 2. How many units remain in ending inventory? units What is the cost of ending inventory using absorption costing? \$ 3. Prepare an absorption-costing income statement for Pattison Products, Inc., for the month of October. 4. What if November production was 40,000 units, costs were stable, and sales were 41,000 units? What is the cost of ending inventory? What is operating income for NovemberStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started