Business, 20.03.2020 00:36 augustusj48
Waterway Industries sells its product for $70 per unit. During 2016, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are:
Direct materials $16
Direct labor $12
Variable overhead $2.
Fixed costs are:$72000 Manufacturing overhead, and $90000 selling and administrative expenses.
Cost of goods sold under absorption costing is:
Answers: 1
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Waterway Industries sells its product for $70 per unit. During 2016, it produced 60000 units and sol...
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