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Jupiter Corporation incurred fixed manufacturing costs of $18,000 during 2015. Other information for 2015 includes: The budgeted denominator level is 2200 units. Units produced total
Jupiter Corporation incurred fixed manufacturing costs of $18,000 during 2015. Other information for 2015 includes: The budgeted denominator level is 2200 units. Units produced total 1600 units. Units sold total 2500 units. Variable cost per unit is $4 Beginning inventory is zero. The fixed manufacturing cost rate is based on the budgeted denominator level. Under absorption costing, total manufacturing costs expensed on the income statement (excluding adjustments for variances) total $13,090.9091 $30,454.5455 $19,490.9091 $23,090.9091
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