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Peak Manufacturing produces snow blowers. The selling price per snow blower is $100. Costs involved in production are as follows. Direct material per unit: $20 Direct labor per unit: 12 Variable manufacturing overhead per unit: 10 Fixed manufacturing overhead per year: $148,500 In addition, the company has fixed selling and administrative costs of $150,000 per year. During the year, Peak produces 45,000 snow blowers and sells 30,000 snow blowers. How much fixed manufacturing overhead is in ending inventory under full costing?
a corporation adopted the doalr value lifo method of inventory valuation on dec 31 2011. its inventory at that date was
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ludwick steel company as lessee signed a lease agreement for equipment for 5 years beginning december 31 2012. annual
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