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MC Qu. 8-32 Fort Smith Technologies... Fort Smith Technologies incurred the following costs during the past year when planned production and actual production each totaled
MC Qu. 8-32 Fort Smith Technologies...
Fort Smith Technologies incurred the following costs during the past year when planned production and actual production each totaled 20,000 units:
Direct material used $290,000
Direct labor 200,000
Variable manufacturing overhead 190,000
Fixed manufacturing overhead 100,000
Variable selling and administrative cost 75,000
Fixed selling and administrative cost 95,000
If Fort Smith uses variable costing, the total inventoriable costs for the year would be:
Multiple Choice
- $780,000.
- $680,000.
- $490,000.
- $565,000.
- $755,000.
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Given Costs Direct material used 290000 Direct labor 200000 Variable manufa...
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