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ACC - The Maffei Conpany

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Question;The Maffei Company which has only one product has provided the following data concerning its most recent month of operations:selling price $175.00Units in inventory 0units produced $9500units sold 8000units in ending inventory 1,500variable costs per unitdirect materials $55direct labor $38variable manufacturing overhead $2variable selling and admin $10fixed costsfixed manufacturing overhead $300,000fixed selling and admin$125,000Requireda What is the unit product cost for the month under the variable costing?b. What is the unit product cost for the month under absorption costing?c. Prepare an income statememt for the month using the variable costing methodd. Prepare an income statement for the month using the absorption costing method

 

Paper#40977 | Written in 18-Jul-2015

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