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If beginning work in process is higher than ending work in process a. Total manufacturing costs incurred in the period > Cost of goods manufactured
If beginning work in process is higher than ending work in process a. Total manufacturing costs incurred in the period > Cost of goods manufactured b. Total manufacturing costs incurred in the period Cost of goods sold How many I-Phones must be sold to earn an after tax profit of $210,000 when the tax rate is 30%, fixed costs are $120,000, and contribution margin per unit is $250? (round up to nearest whole l-phone) a. 1,050 I-Phones b. 1680 I-Phones O C.879 I-Phones d.570 I-Phones Which of the following best describes the assignment of costs in a normal costing system to a cost object: a. trace actual direct materials cost, trace actual direct labour cost, allocate indirect manufacturing overhead based on actual overhead rates and budgeted use of the cost allocation base. b.trace actual direct materials cost, trace actual direct labour cost, allocate indirect manufacturing overhead based on budgeted overhead rates and budgeted use of the cost allocation base for actual output. C. trace actual direct materials cost, trace actual direct labour cost, allocate indirect manufacturing overhead based on budgeted overhead rates and actual use of the cost allocation base. d. trace actual direct materials cost, trace budgeted direct labour cost, allocate indirect manufacturing overhead based on budgeted overhead rates and actual use of the cost allocation base
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