the follow data relates ot year 20xx for plano


The follow data relates ot year 20XX for Plano Manufacturing Company:
Units produced - 2,000
Units sold - 1,800
Selling price - $200 / per unit
Direct material costs - $80,000
Direct labor costs - $26,000
Variable overhead - $18,000
Variable selling costs - $6,000
Fixed overhead - $40,000
Fixed selling costs - $60,000
Required:
a) Calculate cost of goods sold under throughput costing, variable costing, and absorption costing.
b) Calculate ending inventory under throughput costing, variable costing, and absorption costing.
c) Calculate operating income under throughput costing, variable costing, and absorption costing.

Request for Solution File

Ask an Expert for Answer!!
Cost Accounting: the follow data relates ot year 20xx for plano
Reference No:- TGS0403580

Expected delivery within 24 Hours