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Author Question: Walker Manufacturing began its operations on January 1 of the current year. Walker produced 10,000 ... (Read 114 times)

rissygurl1124

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Walker Manufacturing began its operations on January 1 of the current year. Walker produced 10,000 units during the year, sold 8,000 units at an average cost of $22 per unit, and had 2,000 units in ending inventory. Variable production costs were $14 per unit, variable selling expenses were $2 per unit, fixed overhead totaled $12,000, and fixed selling and administrative expenses totaled $30,000. Under absorption costing, what was Walker's ending inventory on the balance sheet?
◦ $30,400
◦ $8,000
◦ $28,000
◦ $30,000


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Marked as best answer by rissygurl1124 on Feb 5, 2023

sin

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rissygurl1124

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Reply 2 on: Feb 5, 2023
Excellent


cdmart10

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Reply 3 on: Yesterday
:D TYSM

 

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