Question 15 23 This information will be wa fue the worque Shelley Company give you the following into the west There is purposely with all that they are the questions and will involve that they 101 with Free Absorption Casting for final reporting and direct informare 2015 2015 2011 Production Sales 10. 15 we Direct cost pewnie 515 SIS Total Overhead 320 720 120 in thelley Company was ro, vt in the relationship of incomix Ahsorption cost is higher the pro Absorption costing love this period Ahorption costi 3135 higher this period Absorption conting 32.35 love this period Absorption conting is 390 Lover the pred D Question 16 3.3 pts This is the same information as the prior two questions. Shelley Company gives you the following information for the three most recent years of operations There is purposefully not enough information to do income statements. They are not required to do the questions and will involve more work than necessary. They started 2015 with zero inventories. They w Absorption Costing for financial reporting and Direct Costing for internal purposes 2015 2016 2012 Production 100 units 80 units 120 units Sales 80 unita 75 units 130 units Direct cost per unit $15 $15 $15 $720 Total Fixed Overhead $720 $720 Assuming Shelley Company uses Frro, what is the value of the ending inventory at the end of 2016 under Absorption costing? $600 $375 $564 $555 Cannot be determined with the information given. D Question 17 3.3 pts This is the same information as the prior question. Shelley Company gives you the following information for the threat recent years of operation There to purposefully not enough internation to do income statements. They are so required to do the questions and will involve more work the necessary. They started 2015 with revestorien Absorption Desting for financial reporting and direct conting for internal purposes. 2015 2016 Production 100 wita wit 120 units Sales 75 unit Direct but it 315 015 515 Total Fixed Overhead 3720 5730 2011 Assunting shelley Company uses tro, at is the relationis of incomes in 2011 Absorption conting is higher this period Absorption costing is lower this period Absorption costing is 10 higher this period Absorption costing is 590 Lover this period. Absorption costing is $335 love this period This is the forest the per Shelley Company gives you the following to the three There l purposefully into de menyre te questions and wilt Involve more than the Absorption conting for a real 2015 2011 2011 Production wit 75 13 Direct cont per 115 Total Fixed Overhead 120 3730 Awing Shelley Company Liro, what the value of the ending to the owner Absorption costing 5600 $375 $564 $555 Cannot be determined with the information given ok Pro