Author Question: If 1,000 units are produced and only 700 units are sold, ________ results in the greatest amount of ... (Read 58 times)

acc299 · **on:** Mar 6, 2021

Question 1

Glossier Images Inc., produces decorative statues. Management has provided the following information:

Actual sales

35,000 statues

Budgeted production

54,000 statues

Selling price

$46 per statue

Direct material costs

$7.10 per statue

Variable manufacturing costs

$3.65 per statue

Variable administrative costs

$5.85 per statue

Fixed manufacturing overhead

$4.80 per statue

What is the total throughput contribution?
◦ $2,100,600
◦ $1,233,750
◦ $1,361,500
◦ $1,029,000

Question 2

If 1,000 units are produced and only 700 units are sold, ________ results in the greatest amount of expense reported on the income statement.
◦ throughput costing
◦ variable costing
◦ absorption costing
◦ job costing

rachel · **Reply #1 on:** Mar 6, 2021

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