FINANCIAL+MANAG.ACCT.
FINANCIAL+MANAG.ACCT.
9th Edition
ISBN: 9781260728774
Author: Wild
Publisher: RENT MCG
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Adelphi Company provides the following information for their first year of operations in 2018: Sales, 8,000 units @ $17 each Total production, 13,000 units Production costs per unit: Direct materials $ 4.00 Direct labor $ 3.00 Variable overhead $ 1.00 Fixed manufacturing overhead $ 9,000 Adelphi Company uses absorption costing. Use this information to determine for Adelphi Company the FY 2018 Cost of Goods Sold.
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