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were budgeted at $79,200 and $33,000, respectively, using budgeted production of 1,650 units. Variable and fixed selling. general, and administrative expenses were budgeted at $18,150
were budgeted at $79,200 and $33,000, respectively, using budgeted production of 1,650 units. Variable and fixed selling. general, and administrative expenses were budgeted at $18,150 and $33,000, respectively, for the same budgeted volume. If Concord Company produced 1,650 units but recognized unit sales of 1,200, how much did it report for its COGS this year under absorption costing? How much inventory cost will be on the balance sheet at the end of this year? Assume no beginning FG Inventory. Ending FG inventory cost
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