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It was the end of Sarah's first year of business. She had planned to make 29 hardwood tables, which she did, but only managed to
It was the end of Sarah's first year of business. She had planned to make 29 hardwood tables, which she did, but only managed to sell one table this year for $330. She wanted to use variable costing from the start of her operations to set a baseline for future year comparisons. Her costs were as follows. How much will Sarah show for COGS this year? How much will she report for FG Inventory cost on the balance sheet? How much of the fixed-MOH cost will be capitalized this year? (Do not leave any answer field blank. Enter 0 for amounts.) eTextbook and Media Assistance Used
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