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lberries08
14.04.2020 •
Business
Iagan, Inc. has collected the following data. (There are no beginning inventories.) Units produced 700 units Sales price $ 120 per unit Direct materials $ 50 per unit Direct labor $ 12 per unit Variable manufacturing overhead $ 6 per unit Fixed manufacturing overhead $ 16 comma 700 per year Variable selling and administrative costs $ 6 per unit Fixed selling and administrative costs $ 19 comma 900 per year What is the ending balance in Finished Goods Inventory using variable costing if 600 units are sold? A. $ 6 comma 800 B. $ 1 comma 800 C. $ 6 comma 200 D. $ 5 comma 000
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Ответ:
A. $ 6,800
Explanation:
The options are inconsistent with the data given.
Variable costing Method consider all variable costs as the cost of sales and fixed cost as the periodic or operational cost.
Variable Costs
Direct materials $50 per unit
Direct labor $12 per unit
Variable manufacturing overhead $6 per unit
Total Variable cost per unit $68 per unit
Ending Inventory = Production for the year - Sale in the year = 700 - 600 = 100 units
Value of Ending Inventory = $68 x 100 units = $6,800
Ответ:
Lol she probably don't know
Explanation: