Units sold2,000Units produced 2,200Fixed manufacturing overhead 44,000Variable manufacturing overhead12,000Fixed selling and administrative expenses 18,000Variable selling and administrative expenses10,000Direct materials used 30,000Direct labor24,000Inventory, beginning in units100No work in process inventories Compute for the ending Finished Goods Inventory under Absorption costingCompute for the Ending Finished Goods Inventory under Variable Costing method BDM Co. presented the following data for 2021:Sales 256,000Variable manufacturing costs96,000Fixed manufacturing costs64,000Fixed selling and administrative expenses80,000Actual production in units10,000Finished goods, end in units2,000Finished goods, beginning in unitsNoneWhat is the net income under variable costing method?What is the net income under absorption costing method? Use the following information for the next 2 numbers.Units soldUnits producedFixed manufacturing overheadVariable manufacturing overheadFixed selling and administrative expensesVariable selling and administrative expensesDirect materials usedDirect laborInventory, beginning in unitsNo work in process inventories2,0002,200P 44,00012,00018,00010,00030,00024,000100

Since you have asked multiple question, we will solve the first question for you. If you want any…

Answered: Units sold 2,000 Units produced 2,200…

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 10MC: Assigning indirect costs to specific jobs is completed by which of the following? applying the costs...

Related questions

Question

Units sold	2,000
Units produced	2,200
Fixed manufacturing overhead	44,000
Variable manufacturing overhead	12,000
Fixed selling and administrative expenses	18,000
Variable selling and administrative expenses	10,000
Direct materials used	30,000
Direct labor	24,000
Inventory, beginning in units	100
No work in process inventories

BDM Co. presented the following data for 2021:

Sales	256,000
Variable manufacturing costs	96,000
Fixed manufacturing costs	64,000
Fixed selling and administrative expenses	80,000
Actual production in units	10,000
Finished goods, end in units	2,000
Finished goods, beginning in units	None