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Author Question: Time Again LLC produces and sells a mantel clock for $100 per unit. In 2017, 41,000 clocks were ... (Read 13 times)

fbq8i

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on: Mar 6, 2021

Question 1

In ________, fixed manufacturing costs are included as inventoriable costs.
◦ variable costing
◦ absorption costing
◦ throughput costing
◦ activity-based costing

Question 2

Time Again LLC produces and sells a mantel clock for $100 per unit. In 2017, 41,000 clocks were produced and 37,000 were sold. Other information for the year includes:

Direct materials$42 per unit
Direct manufacturing labor$7 per unit
Variable manufacturing costs$4.00 per unit
Sales commissions$14.50 per part
Fixed manufacturing costs$64.00 per unit
Administrative expenses, all fixed$38.50 per unit

What is the inventoriable cost per unit using absorption costing?
◦ $49.00
◦ $53.00
◦ $117.00
◦ $106.00
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by fbq8i on Mar 6, 2021

scottmt

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fbq8i

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Reply 2 on: Mar 6, 2021
Excellent

Dinolord

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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