Intermediate Accounting
Intermediate Accounting
1st Edition
ISBN: 9780132162302
Author: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Publisher: PEARSON
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Chapter 19, Problem 19.8MC
To determine

To identify: The correct option.

Given information:

Projected benefit obligation as on December 31, Year 7 is $2,000,000.

Fair value of Plan Assets as on December 31, Year 7 is $1,750,000.

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Bodega Chocolate, Inc. is a new company that produces a single product. The company has no beginning inventory. During the year, the company produced 10,000 units out of which 9,000 were sold. Below are Bodega's costs: Variable costs per unit: Production $4.00 Selling and administrative $2.50 Total fixed costs for the year: Production $20,700.00 Selling and administrative $85,000 a) What is the unit product using absorption costing? b) What is the unit product cost using variable costing?
1. Net income 750 2. Depreciation 86
Hi teacher please help me this question general accounting

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Intermediate Accounting

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