Advanced company reports the following information for the current year. all beginning inventory amounts equaled $0 this year.

units produced this year 25,000 units

units sold this year 15,000 units

direct materials $9 per unit

direct labor $11 per unit

variable overhead $75,000 in total

fixed overhead $137,500 in total

93. given advanced company's data, compute cost of finished goods in inventory under absorption costing.

a. $285,000

b. $712,500

c. $427,500

d. $230,000

e. $345,000

94. given advanced company's data, compute cost of finished goods in inventory under variable costing.

a. $285,000

b. $712,500

c. $427,500

d. $230,000

e. $345,000

95. given advanced company's data, and the knowledge that the product is sold for $50 per unit and operating expenses are $200,000, compute the net income under absorption costing.

a. $55,000

b. $67,500

c. $80,500

d. $122,500

e. $205,000

96. given advanced company's data, and the knowledge that the product is sold for $50 per unit and operating expenses are $200,000, compute the net income under variable costing.

a. $55,000

b. $67,500

c. $80,500

d. $122,500

e. $205,000

93. Option (C) is correct.

94. Option (E) is correct.

95. Option (D) is correct.

96. Option (B) is correct.

Explanation:

93.

Total unit cost:

= Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead

= $9 + $11 + ($75,000 ÷ 25,000) + (137,500 ÷ 25,000)

= $9 + $11 + $3 + $5.5

= $28.50

cost of finished goods = 15000 × 28.5  

                                     = $427,500

94. unit cost = $23

cost of finished goods:

= 15,000 × $23

= $345,000

95.

Gross margin:

= Sales - cost of goods sold

= (15000 × 50) - 427,500

= $750,000 - 427,500

= $322,500

Net income under absorption costing:

= Gross margin - Operating expense

= $322,500 - $200,000

= $122,500

96.

Contribution margin:

= Sales - Cost of goods sold

= $750,000 - $345,000

= $405,000

Net income:

= Contribution margin - operating expense - fixed expense

= $405,000 - $200,000 - $137,500

= $67,500

hi.

i'm not sure about the answer, but, i would say c. *when the recipient was not included on the original email.*

hope this , well if it's right. uwu

merry christmas! ^-^

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;