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Vicki9699 Vicki9699
wrote...
Posts: 326
5 years ago
The following information pertains to Stone Wall Corporation:

Beginning fixed manufacturing overhead in inventory$70,000
Ending fixed manufacturing overhead in inventory49,000
Beginning variable manufacturing overhead in inventory$34,000
Ending variable manufacturing overhead in inventory18,000

Fixed selling and administrative costs$740,000
Units produced5,000 units
Units sold4,300 units

What is the difference between operating incomes under absorption costing and variable costing?
A) $3,000
B) $37,000
C) $21,000
D) $10,500
Textbook 
Cost Accounting: A Managerial Emphasis

Cost Accounting: A Managerial Emphasis


Edition: 16th
Authors:
Read 235 times
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Replies
wrote...
5 years ago
 C
Explanation:  $70,000 - $49,000 = $21,000
Vicki9699 Author
wrote...
5 years ago
Upwards Arrow Correct again
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