Kaaua Corporation has provided the following data for its two most recent years of operation Selling price per unit $ 83 Manufacturing costs Variable manufacturing cost per unit produced Direct materials $ 13 Direct labor $ 7 Variable manufacturing overhead $ 4 Fixed manufacturing overhead per year $ 396,000 Selling and administrative expenses Variable selling and administrative expense per unit sold $ 4 Fixed selling and administrative expense per year $ 72,000 Year 1 Year 2 Units in beginning inventory 0 2,000 Units produced during the year 12,000 11,000 Units sold during the year 10,000 9,000 Units in ending inventory 2,000 4,000 Which of the following statements is true for Year 2 Multiple Choice a The amount of fixed manufacturing overhead deferred in inventories is $534,000 b The amount of fixed manufacturing overhead deferred in inventories is $78,000 c The amount of fixed manufacturing overhead released from inventories is $534,000 d The amount of fixed manufacturing overhead released from inventories is $78,000 Kaaua Corporation has provided the following data for its two most recent years of operation Selling price per unit Manufacturing costs 83 Variable manufacturing cost per unit produced Direct naterials 13 Direct labor variable manufacturing overhead Fixed manufacturing overhead per year $396,000 Selling and administrative expenses Variable selling and administrative expense per unit soled Pixed selling and administrative expense per year 72,000 Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory Year 1 Year 2 0 2,000 12,000 11,000 10,000 9,000 2,000 4,000 Which of the following statements is true for Year 2 Multiple Choice The amount of fixed manufacturing overhead doferred in inventories is $534,000 The amount of fixed manufacturing overhead deferred in inventories is $78,000 The amount of fixed manufacturing overhead released from inventories is $534,000 The amount of fixed manufacturing overhead released from inventories is $78,000

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Kaaua Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 83 Manufacturing costs: Variable manufacturing

Kaaua Corporation has provided the following data for its two most recent years of operation:


Selling price per unit	$	83
Manufacturing costs:
Variable manufacturing cost per unit produced:
Direct materials	$	13
Direct labor	$	7
Variable manufacturing overhead	$	4
Fixed manufacturing overhead per year	$	396,000
Selling and administrative expenses:
Variable selling and administrative expense per unit sold	$	4
Fixed selling and administrative expense per year	$	72,000

	Year 1	Year 2
Units in beginning inventory	0	2,000
Units produced during the year	12,000	11,000
Units sold during the year	10,000	9,000
Units in ending inventory	2,000	4,000

Which of the following statements is true for Year 2?

Multiple Choice

a.The amount of fixed manufacturing overhead deferred in inventories is $534,000

b.The amount of fixed manufacturing overhead deferred in inventories is $78,000

c.The amount of fixed manufacturing overhead released from inventories is $534,000

d.The amount of fixed manufacturing overhead released from inventories is $78,000

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Kaaua Corporation has provided the following data for its two most recent years of operation: Selling price per unit Manufacturing costs: 83 Variable manufacturing cost per unit produced: Direct naterials 13 Direct labor variable manufacturing overhead Fixed manufacturing overhead per year $396,000 Selling and administrative expenses: Variable selling and administrative expense per unit soled Pixed selling and administrative expense per year 72,000 Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory Year 1 Year 2 0 2,000 12,000 11,000 10,000 9,000 2,000 4,000 Which of the following statements is true for Year 2? Multiple Choice The amount of fixed manufacturing overhead doferred in inventories is $534,000 The amount of fixed manufacturing overhead deferred in inventories is $78,000 The amount of fixed manufacturing overhead released from inventories is $534,000 The amount of fixed manufacturing overhead released from inventories is $78,000