TF 3 The following data was prepared by the Oriole Company. Total Variable Fixed Sales price $22/unit Direct materials used $82,650 Direct labor $96,000 Manufacturing overhead $113,670 $17,910 $95,760 Selling and administrative expense $22,700 $13,100 $9,600 Units manufactured 25,200 units Beginning Finished Goods Inventory 19,200 units Ending Finished Goods Inventory 7,000 units Incorrect answer iconYour answer is incorrect. Under absorption costing, what is the cost of goods sold? (Round cost per unit to 2 decimal places, e.g. 2.52 and final answer to 0 decimal place, e.g. 2,152.) Cost of goods sold $enter the cost of goods sold in dollars rounded to 0 decimal places
TF 3 The following data was prepared by the Oriole Company. Total Variable Fixed Sales price $22/unit Direct materials used $82,650 Direct labor $96,000 Manufacturing overhead $113,670 $17,910 $95,760 Selling and administrative expense $22,700 $13,100 $9,600 Units manufactured 25,200 units Beginning Finished Goods Inventory 19,200 units Ending Finished Goods Inventory 7,000 units Incorrect answer iconYour answer is incorrect. Under absorption costing, what is the cost of goods sold? (Round cost per unit to 2 decimal places, e.g. 2.52 and final answer to 0 decimal place, e.g. 2,152.) Cost of goods sold $enter the cost of goods sold in dollars rounded to 0 decimal places
Accounting
27th Edition
ISBN:9781337272094
Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Chapter21: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 21.28EX: Appendix Absorption costing income statement On June 30, the end of the first month of operations,...
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Question
TF 3
The following data was prepared by the Oriole Company.
Total
|
Variable
|
Fixed
|
||||
---|---|---|---|---|---|---|
Sales price
|
$22/unit | |||||
Direct materials used
|
$82,650 | |||||
Direct labor
|
$96,000 | |||||
Manufacturing overhead
|
$113,670 | $17,910 | $95,760 | |||
Selling and administrative expense
|
$22,700 | $13,100 | $9,600 | |||
Units manufactured
|
25,200 units | |||||
Beginning Finished Goods Inventory
|
19,200 units | |||||
Ending Finished Goods Inventory
|
7,000 units |
Incorrect answer iconYour answer is incorrect.
Under absorption costing, what is the cost of goods sold? (Round cost per unit to 2 decimal places, e.g. 2.52 and final answer to 0 decimal place, e.g. 2,152.)
Cost of goods sold |
$enter the cost of goods sold in dollars rounded to 0 decimal places
|
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