1. NoFlush is a firm that produces portable sanitation units. This firm uses backflush costing and values inventory using throughput accounting. All actual amounts are equal to budgeted amounts. The firm has NO variable overhead.

   Total DM	$24,000
   Total DL	$6,000
   Total Fixed OH	$12,000
   Total completed and in process	6,000 units
   Units in finished goods	150
   Units in process	100

   The firm has $200 of raw materials at the end of the period. Which of the following are the correct balances of the COGS account before and after inventory costs are backflushed? (Round rates to the nearest cent if necessary.)

   	a.	Before: $24,000 After: $22,800
   	b.	Before: $24,000 After: $23,000
   	c.	Before: $30,000 After: $29,000
   	d.	Before: $30,000 After: $28,800