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Author Question: Aspen Manufacturing Company sells its products for $33 each. The current production level is 50,000 ... (Read 115 times)

soccerdreamer_17

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Question 1

Variable costing only includes direct manufacturing costs in inventoriable costs.
◦ true
◦ false

Question 2

Aspen Manufacturing Company sells its products for $33 each. The current production level is 50,000 units, although only 40,000 units are anticipated to be sold. 

Unit manufacturing costs are:
Direct materials$6.00
Direct manufacturing labor$9.00
Variable manufacturing costs$4.50
Total fixed manufacturing costs$180,000
Marketing expenses$3.00 per unit, plus $100,000 per year 

Required:
a.Prepare an income statement using absorption costing.
b. Prepare an income statement using variable costing.


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Marked as best answer by soccerdreamer_17 on Mar 6, 2021

joewallace

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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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soccerdreamer_17

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


patma1981

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Reply 3 on: Yesterday
Excellent

 

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