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Deprecated Deprecated
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Posts: 2784
8 years ago
E-trax, Inc. has provided the following financial information for the year:

Finished Goods Inventory:   
Beginning balance, in units   610
Units produced   2,800
Units sold   2,900
Ending balance, in units   510
Production costs:   
Variable manufacturing costs per unit   $50
Total fixed manufacturing costs   $42,000

What is the unit product cost for the year using absorption costing?
A) $119
B) $82
C) $65
D) $64
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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TanksTanks
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8 years ago
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Deprecated Author
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8 years ago
Thanks!
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