he Multicolors Company had the following costs for 2021: Raw materials P 2,100,000 Direct labor 300,000 Miscellaneous FOH (fixed) 240,000 Depreciation of machines 120,000 Rent for factory building 150,000 Rent for sales office 90,000 Depreciation on store equipment 60,000 How much of these costs should be considered product/manufacturing costs to be inventoried under variable Costing? Group of answer choices P 2,550,000 P 2,490,000 P 2,400,000 P 2,280,000
he Multicolors Company had the following costs for 2021: Raw materials P 2,100,000 Direct labor 300,000 Miscellaneous FOH (fixed) 240,000 Depreciation of machines 120,000 Rent for factory building 150,000 Rent for sales office 90,000 Depreciation on store equipment 60,000 How much of these costs should be considered product/manufacturing costs to be inventoried under variable Costing? Group of answer choices P 2,550,000 P 2,490,000 P 2,400,000 P 2,280,000
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management
analysis
Section: Chapter Questions
Problem 4BE
Related questions
Question
- The Multicolors Company had the following costs for 2021:
Raw materials P 2,100,000
Direct labor 300,000
Miscellaneous FOH (fixed) 240,000
Rent for factory building 150,000
Rent for sales office 90,000
Depreciation on store equipment 60,000
How much of these costs should be considered product/
Group of answer choices
P 2,550,000
P 2,490,000
P 2,400,000
P 2,280,000
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