The carrying value of ending inventory under variable costing would be: present as is if higher or present it in comma if it is less ex: (200)Under absorption costing, the cost of goods sold would be: Rebel Company manufactures a single product and has the following cost structure:Variable cost per unitFixed CostsProductionР5ProductionP32,000Selling & administrativeSelling & administrative16,000During the year, 8,000 units were produced, and 7,800 units were sold.

Fixed production cost per unit = Total Fixed production cost / Units produced = P32000/8000 = P4…

Answered: Rebel Company manufactures a single…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...

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The carrying value of ending inventory under variable costing would be: present as is if higher or present it in comma if it is less ex: (200)
Under absorption costing, the cost of goods sold would be:

Rebel Company manufactures a single product and has the following cost structure:
Variable cost per unit
Fixed Costs
Production
Р5
Production
P32,000
Selling & administrative
Selling & administrative
16,000
During the year, 8,000 units were produced, and 7,800 units were sold.

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