How much of the fixed-moh cost will be capitalized this year

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Question: It was the end of Sharon's first year of business. She had planned to make 28 hardwood tables, which she did, but only managed to sell one table this year for $300. She wanted to use variable costing from the start of her operations to set a baseline for future year comparisons. Her costs were as follows. Variable manufacturing cost $68 per unit Variable operating cost $9 per unit Fixed-MOH cost $5,200 Fixed operating cost $3,200 How much will Sharon show for COGS this year? How much will she report for FG Inventory cost on the balance sheet? How much of the fixed-MOH cost will be capitalized this year?

Reference no: EM133610129

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