FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Units in beginning inventory 0Units produced 20,000Units sold 19,000Variable Cost per unit:Direct materials $100Direct labor 30Variable MOH 20Variable Selling and Administrative 10Fixed Costs:Fixed MOH $400,000Fixed

Units in beginning inventory 0Units produced 20,000Units sold 19,000Variable Cost per unit:Direct materials $100Direct labor 30Variable MOH 20Variable Selling and Administrative 10Fixed Costs:Fixed MOH $400,000Fixed Selling and Administrative 100,000What is the cost of ending inventory under absorption costing? a. $160,000 b. $170,000 c. $180,000 d. $185,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Return Jahrgang 2018 Magazin Fur Transformation Und Turnaround

Return Jahrgang 2018 Magazin Fur Transformation Und Turnaround

Authors: Stefanie Burgmaier, Hans Haarmeyer, Thorsten Garber

3rd Edition

365825601X, 9783658256012

More Books

Students also viewed these Accounting questions

Question

★★★★★
The efficient market hypothesis is an extension of the supply and demand model. Required: a. Discuss the assumptions of the supply and demand model inherent in the EMH. b. Why is the securities...

Answered: 1 week ago

Question

★★★★★
=+24.2. Show that T is ergodic if and only if n-1E"=| P(ANT-KB) - P(A)P(B) for all A and B (or all A and B in a T-system generating $ ).

Answered: 1 week ago

Question

★★★★★
Is this issue more complex than it seems?

Answered: 1 week ago

Question

★★★★★
CH3CH2SH + CH3O- A (contains sulfur) + B C + H2O D + E (which is inorganic) (a) Given the above sequence of reactions, draw structures for A through E. (b) Rewrite the reaction sequence, showing all...

Answered: 1 week ago

Question

★★★★★
Each of the following is a criticism of the property tax EXCEPT that it A) is regressive. B) varies among geographic areas. C) is poorly administered. D) is difficult to collect. THIS QUESTION IS...

Answered: 1 week ago

Question

★★★★★
The WasteGen Corporation sells DeskJet printers in many different countries. Each printer is largely the same, except for the power supply (and a few other differences which we ignore here). Assume Wa

Answered: 1 week ago

Question

★★★★★
A software company wants to improve its customer experience scores by 3% over the next 30 days. A data professional works to achieve this objective by understanding current scores and how far away...

Answered: 1 week ago

Question

★★★★★
ABC Insurance Company has a branch office, which consists of a branch manager and 5 clerical assistants. The branch manager reports to a division manager. The branch office has its own bank account...

Answered: 1 week ago

Question

★★★★★
A large tank of fish from a hatchery is being delivered to a lake. The hatchery claims that the mean length of fish in the tank is 15 inches, and the standard deviation is6inches. A random sample...

Answered: 1 week ago

Question

★★★★★
Emily Smith files her tax return on the basis of a fiscal year. Her records show that she received income in November 2021 and February 2022 from which there was backup withholding ($100 and $50,...

Answered: 1 week ago

Question

★★★★★
Tax Losses and Capital Losses Recouped The records of Gareth Young, an Australian resident, over three tax years disclosed: 2021/22 2022/23 2023/24 $ $ $ Assessable business income 54,000 72,000...

Answered: 1 week ago

Question

★★★★★
1. What are some of the significant challenges when managing people globally that HR managers should be aware of

Answered: 1 week ago

Question

★★★★★
10.8 Describe guidelines for legal and ethical performance management.

Answered: 1 week ago

Question

★★★★★
1. Discuss the performance management process highlighted in the chapter and how it will aid Brenda in creating this new performance appraisal system for her employer. Brenda Jackson, a newly hired...

Answered: 1 week ago

Previous Question Next Question