Question
The following information pertains to Brian Stone Corporation: Beginning fixed manufacturing overhead in inventory $45,750 Ending fixed manufacturing overhead in inventory 52,500 Beginning variable manufacturing
- The following information pertains to Brian Stone Corporation:
| Beginning fixed manufacturing overhead in inventory | $45,750 |
| Ending fixed manufacturing overhead in inventory | 52,500 |
| Beginning variable manufacturing overhead in inventory | $30,000 |
| Ending variable manufacturing overhead in inventory | 14,250 |
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| Fixed selling and administrative costs | $724,000 |
| Units produced | 5,000 units |
| Units sold | 4,800 units |
What is the difference between operating incomes under absorption costing and variable costing?
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Retail Industry IRS Audit Technique Guide
Authors: Internal Revenue Service
1st Edition
1304114783, 978-1304114785
