QUESTIONSA.Compute for the ending Finished Goods Inventory under Absorption costingB.Compute for the ending Finished Goods Inventory under Absorption costing Units soldUnits producedFixed manufacturing overheadVariable manufacturing overheadFixed selling and administrative expensesVariable selling and administrative expensesDirect materials usedDirect laborInventory, beginning in unitsNo work in process inventories2,0002,200P 44,00012,00018,00010,00030,00024,000100

Finished goods are those goods which are ready to sale by the company and no further processes are…

Answered: A.Compute for the ending Finished Goods…

A.Compute for the ending Finished Goods Inventory under Absorption costing B.Compute for the ending Finished Goods Inventory under Absorption costing

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter10: Accounting Systems For Manufacturing Operations

Section: Chapter Questions

Problem 8CDQ: Describe the Source 01 the data for increasing Work in Process for (a) direct materials, (b) direct...

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Vd Subject:accounting