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Tech Innovations Inc. manufactures electronic gadgets. During the last quarter, the company incurred the following costs: Variable manufacturing costs: $150,000 Fixed manufacturing costs: $80,000 Variable
- Tech Innovations Inc. manufactures electronic gadgets. During the last quarter, the company incurred the following costs:
- Variable manufacturing costs: $150,000
- Fixed manufacturing costs: $80,000
- Variable selling and administrative costs: $30,000
- Fixed selling and administrative costs: $20,000
Calculate the total variable cost, total fixed cost, and the total cost of production for Tech Innovations Inc. during the last quarter.
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
