Solution-What ending inventory would be greater by

What ending inventory would be greater by

Assignment Help Managerial Accounting

Reference no: EM132598485

Question 1: A company had no beginning inventory, and it sold 250,000 units during the year and at the end of the year they had 30,000 still in finished goods. During the year, they incurred fixed factory costs of $560,000 and variable factory costs of $800,000. If the company used absorption costing instead of variable costing, its ending inventory would be greater by:

A. $81,250

B. $67,200

C. $60,000

D. None of the amounts are correct.

Reference no: EM132598485

Questions Cloud

Which is true about cost allocation : Which is true about cost allocation? When a insulating allocation base is used to allocate common costs, the allocation base will not fluctuate

Social responsibility businesses : Why does Milton Friedman believe that the only "social responsibility" businesses have is to increase their profits?

What would operating income be if the units sold exceeded : Calculate the break-even point in sales dollars for Clapton Product? What would operating income be if the units sold exceeded the break-even point by units?

What raw material inventory purchase cost would be : Purchase raw materials needed for each production run. Under ABC costing, this raw material inventory purchase cost would be categorized as a

What ending inventory would be greater by : Variable factory costs of $800,000. If the company used absorption costing instead of variable costing, its ending inventory would be greater by

Information available on internet is frightening : The amount of personal information available on the Internet is frightening. What are the advantages and disadvantages (or dangers) of these tools?

What the account factory overhead at the end of the year : Actual overhead for the year was $1,230,000 and actual direct labor hours were 290,000. The account Factory Overhead, at the end of the year, will be

What equivalent units for processing for the year would be : At the end of the year, ending inventory contained 20,000 units which were 30% complete for processing. Equivalent units for processing for the year would be

Value of the stock and price to earnings ratio : Describe the relationship between the value of the stock and the price to earnings ratio. What information does the Market Capitalization and Beta

User Account

All Pages

What ending inventory would be greater by

Reference no: EM132598485

Reference no: EM132598485

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT