INTERMEDIATE ACCOUNTING (LL)-W/ACCESS
17th Edition
ISBN: 9781119598565
Author: Kieso
Publisher: WILEY
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Nina Manufacturing had a Work in Process balance of $79,000 on January 1, 2021. The year-end balance of Work in Process was $87,000 and the Cost of Goods Manufactured was $560,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2021.
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Xanadu Industries incurred $75,000 of fixed costs and $90,000 of variable costs when 2,000 units of product were made and sold. If the company's volume doubles, the cost per unit will _.
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