Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
thomas3333 thomas3333
wrote...
Go to Answer
Posts: 324
Rep: 0 0
5 years ago
Freetown Corporation incurred fixed manufacturing costs of $26,000 during 2017. Other information for 2017 includes:
The budgeted denominator level is 2,800 units.
Units produced total 1,500 units.
Units sold total 1,300 units.
Beginning inventory was zero.

The company uses absorption costing and the fixed manufacturing cost rate is based on the budgeted denominator level. Manufacturing variances are closed to cost of goods sold.

Fixed manufacturing costs expensed on the income statement (excluding adjustments for variances) total ________. (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)
A) $12,077
B) $22,533
C) $26,000
D) $0
Textbook 
Cost Accounting: A Managerial Emphasis

Cost Accounting: A Managerial Emphasis


Edition: 16th
Authors:
Read 500 times
5 Replies
Replies
Answer verified by a subject expert
anonymous661anonymous661
wrote...
#1
Posts: 168
Rep: 37 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

wrote...
#2
4 years ago
thanks
wrote...
#3
4 years ago
thank you
wrote...
#4
3 years ago Edited: 3 years ago, kiran Aftab
 Pouting Face
wrote...
#5
3 years ago
thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  986 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 102
  
 188
  
 471
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 249
Previous poll results: Do you trust social media networks with protecting your privacy?