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Required information The following information applies to the questions displayed below. Advanced Company reports the following information for the current year. All beginning inventory amounts
Required information The following information applies to the questions displayed below. Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 28,000 units 16, 800 units 12 per unit 14 per unit $ 84.000 in total $140,000 in total Given Advanced Company's data, compute cost of finished goods in inventory under variable costing. Multiple Choice o $324,800 o $487,200 Multiple Choice $324,800 $487,200 $380,800 $952,000 O $571,200
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