Question
Using the information below (assume no opening inventory), what would be theprofitunder variable costing and absorption costing, respectively? Sales $120,000 Units Produced 35000 Units Sold
Using the information below (assume no opening inventory), what would be theprofitunder variable costing and absorption costing, respectively?
Sales $120,000 Units Produced 35000 Units Sold 33260 Budgeted and actual fixed overhead cost $84,000 Direct manufacturing cost $21,000 Selling and administrative expenses $6,000
Select one:
A. Insufficient data to calculateB. $10 044; $8 220C. $9000; $13 176D. $10 044; $14 220
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
15th edition
1259994975, 125999497X, 1259631117, 978-1259631115
