Pacific Edge Co. produced 20,000 units in its first month. Below are its costs: Line Item Direct Materials Amount $204,000 Direct Labor $245,000 Variable Factory Overhead $264,000 Fixed Factory Overhead $110,000 Variable Operating Expenses $138,000 Fixed Operating Expenses $49,000 If 2,000 units remain unsold at month-end, how much inventory appears on the variable costing balance sheet?

Pacific Edge Co. produced 20,000 units in its first month. Below are its costs: Line Item Direct Materials Amount $204,000 Direct Labor $245,000 Variable Factory Overhead $264,000 Fixed Factory Overhead $110,000 Variable Operating Expenses $138,000 Fixed Operating Expenses $49,000 If 2,000 units remain unsold at month-end, how much inventory appears on the variable costing balance sheet?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 3CE: Pattison Products, Inc., began operations in October and manufactured 40,000 units during the month...

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