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Business, 12.08.2020 21:01 Bra1nPowers

B MC Qu. 7-200 Krepps Corporation produces ... Krepps Corporation produces a single product. Last year, Krepps manufactured 29,010 units and sold 23,900 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $214,674 $121,842 $243,684 $319, 110 Sales totaled $1,159,150 for the year, variable selling and administrative expenses totaled $126,670, and fixed selling and administrative expenses totaled $205,971. There was no beginning Inventory. Assume that direct labor is a variable cost. Under absorption costing, the ending Inventory for the year would be valued at: (Round your Intermediate calculations to 2 decimal places.) a) $158.410
b) $228.410
c) $219.910
d) $185.910

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B MC Qu. 7-200 Krepps Corporation produces ... Krepps Corporation produces a single product. Last ye...
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