Solution-What is the ending finished goods inventory

What is the ending finished goods inventory

Assignment Help Accounting Basics

Reference no: EM131743909

Problem - Besse, Ltd. manufactures a single product that had the following cost structure this year:

Variable Manufacturing Cost per unit: $12
Variable Selling and Administrative cost per unit: $8
Fixed Manufacturing Cost, Total: $1,364,000
Fixed Selling and Administrative Costs, Total: $558,000

They sold 83,000 units for $65 each during the year, and produced 92,000 units. What is the ending finished goods inventory under variable costing?

Reference no: EM131743909

Questions Cloud

Make sure you give me enough proof that watched film : Your final part of the response needs to locate the film within the topic for the week or tie it with some point from a reading

Concerning inherent weaknesses of storage strategy : Concerning inherent weaknesses of a "storage" strategy in countering a damaging rumor to a firm or its brand, all of the following are related and true EXCEPT:

Briefly describe the hospital ethics : What role, if any, should a hospital ethics committee play in addressing Dr. Mean's insensitivity to Mrs. Smith's needs? Explain your answer.

Why is monetary policy easier to conduct than fiscal policy : ECON 520 - Why is monetary policy easier to conduct than fiscal policy in a highly divided national Political environment - What do economists mean

What is the ending finished goods inventory : They sold 83,000 units for $65 each during the year, and produced 92,000 units. What is the ending finished goods inventory under variable costing

Normal consumer bias which works : A normal consumer bias which works to the ____________ of COMPETITORS of the producer from which a consumer has purchased is that

Standards of ethics and moral commitment : A physician received a letter from a hospital informing him that his clinical privileges at the hospital had been summarily suspended.

What is the value of the july finished goods inventory : If July 1 inventory was 2,300 units, what is the value of the July 31 finished goods inventory under absorption costing

Define him to get into honors college program at his college : write a letter of recommendation for him to get into Honors College program at his college

User Account

All Pages

What is the ending finished goods inventory

Reference no: EM131743909

Reference no: EM131743909

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT