Crazy Horse Corp. produces handcrafted coup sticks. The Sticks are sold $833. Selected data for the company's operations last year follow: SHOW YOUR CALCULATIONS for those questions that require calculations! Units in beginning FG inventory Units produced Units sold 23,000 21,000 Units in ending FG inventory Variable costs per unit: Direct materials Direct labor Variable MOH Variable S&A $110 $520 $53 $17 Fixed costs Fixed MOH $690,000 $630,000 Fixed S&A Answer the following questions. 1. How many units were produced? 2. How many units were sold? 3. How many units were in ending inventory?

Crazy Horse Corp. produces handcrafted coup sticks. The Sticks are sold $833. Selected data for the company's operations last year follow: SHOW YOUR CALCULATIONS for those questions that require calculations! Units in beginning FG inventory Units produced Units sold 23,000 21,000 Units in ending FG inventory Variable costs per unit: Direct materials Direct labor Variable MOH Variable S&A $110 $520 $53 $17 Fixed costs Fixed MOH $690,000 $630,000 Fixed S&A Answer the following questions. 1. How many units were produced? 2. How many units were sold? 3. How many units were in ending inventory?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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