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jerico jerico
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9 years ago
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.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
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cyborgcyborg
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#1
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9 years ago
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jerico Author
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#2
9 years ago
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!
wrote...
#3
9 years ago
Cool! No problem.
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