Consider the following information pertaining to a year’s operations of Youngstown Manufacturing
13-B3 Comparison of Variable Costing and Absorption Costing
Consider the following information pertaining to a year’s operations of Youngstown Manufacturing:
|Units sold 1,400||1400|
|Units produced 1,600||1600|
|Direct labor $4,200||4200|
|Direct materials used 3,500||3500|
|Fixed manufacturing overhead 2,200||2200|
|Variable manufacturing overhead 300||300|
|Selling and administrative expenses (all fixed) 700||700|
|Beginning inventories 0||0|
|Contribution margin 5,600||5600|
|Direct-material inventory, end 800||800|
There are no work-in-process inventories.
- What is the ending finished-goods inventory cost under absorption costing?
- What is the ending finished-goods inventory cost under variable costing?
Are you looking for a similar paper or any other quality academic essay? Then look no further. Our research paper writing service is what you require. Our team of experienced writers is on standby to deliver to you an original paper as per your specified instructions with zero plagiarism guaranteed. This is the perfect way you can prepare your own unique academic paper and score the grades you deserve.
Use the order calculator below and get started! Contact our live support team for any assistance or inquiry.[order_calculator]