Service

Consider the following information:

Consider the following information:

Consider the following information:

 

Q1

Q2

Q3

Beginning inventory (units)

0

H

100

Budgeted units to be produced

60,000

60,000

60,000

Actual units produced

60,500

59,500

O

Units sold

A

59,600

P

Variable manufacturing costs per unit produced

$175

$175

$175

Variable selling costs per unit sold

$75

$75

$75

Budgeted fixed manufacturing costs

$5,400,000

$5,400,000

$5,400,000

Fixed selling costs

$1,800,000

$1,800,000

$1,800,000

Selling price per unit

$400

$400

$400

Variable costing operating income

$1,845,000

I

$1,725,000

Absorption costing operating income

B

$1,731,000

Q

Variable costing beginning inventory ($)

C

$35,000

R

Absorption costing beginning inventory ($)

D

J

S

Variable costing ending inventory ($)

E

K

$35,000

Absorption costing ending inventory ($)

F

L

$53,000

PVV

G

M

T

Allocated fixed manufacturing costs

$5,445,000

N

$5,364,000

 

There are no price, efficiency, or spending variances, and any production-volume variance is directly written off to cost of goods in the quarter in which it occurs.

Complete the missing figures from the above Table. When you write your answer, please use the following format:

Letter: Answer

For example,

A: 20,000

Roshan kumar 08-Nov-2017

Answer (UnSolved)

question Get solution