EBK FINANCIAL ACCOUNTING: AN INTRODUCTI
14th Edition
ISBN: 8220100453953
Author: Francis
Publisher: YUZU
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Sub : accounting 2
@ Account
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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