How much fixed manufacturing overhead is in ending


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?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: How much fixed manufacturing overhead is in ending
Reference No:- TGS0681367

Expected delivery within 24 Hours