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Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year.
units produced this year 40,000 units
units sold this year 24,000 units
DM $24 per unit
DL $26 per unit
Variable OH $3 per unit
Fixed OH $200,000 in total
Problem 1: Given advanced company's data, compute cost of finished goods in inventory under absorption costing.
Arkham Company is a manufacturing company making furniture. Compute the Arkham total factory overhead costs
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