Rebel Company manufactures a single product and has the following cost structure: Variable cost per unit Fixed Costs Production P5 Production P32,000 Selling & administrative Selling & administrative 16,000 During the year, 8,000 units were produced, and 7,800 units were sold.
Rebel Company manufactures a single product and has the following cost structure: Variable cost per unit Fixed Costs Production P5 Production P32,000 Selling & administrative Selling & administrative 16,000 During the year, 8,000 units were produced, and 7,800 units were sold.
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 14EA: Cool Pool has these costs associated with production of 20,000 units of accessory products: direct...
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3. The carrying value of ending inventory under variable costing would be: _________. Present as is if higher or present it in parenthesis if it is less ex: (200)
4. Under absorption costing, the cost of goods sold would be:
![Rebel Company manufactures a single product and has the following cost structure:
Variable cost per unit
Fixed Costs
Production
P5
Production
Р32,000
Selling & administrative
3
Selling & administrative
16,000
During the year, 8,000 units were produced, and 7,800 units were sold.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F61c103ed-bd8f-46cd-85a3-076edde06e7b%2Fbb27e0da-47eb-4d76-bc42-08fb16bc9d50%2Fsbqlsec_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Rebel Company manufactures a single product and has the following cost structure:
Variable cost per unit
Fixed Costs
Production
P5
Production
Р32,000
Selling & administrative
3
Selling & administrative
16,000
During the year, 8,000 units were produced, and 7,800 units were sold.
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