Question
Using the information below, what would be the profit under variable costing and absorption costing, respectively? Sales $120 000 Units produced $35 000 Units sold
Using the information below, what would be the profit under variable costing and absorption costing, respectively?
Sales | $120 000 |
Units produced | $35 000 |
Units sold | $35 260 |
Budgeted and actual fixed overhead cost | $84 000 |
Direct manufacturing cost | $21 000 |
Selling and administrative expenses | $6000 |
Select one:
$9000; $13 176
Insufficient data to calculate
10 044; $14 220
$10 044; $8220
Clear my choice
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
