Fort Smith Technologies incurred the following costs during the past year when planned production and actual production each totaled 20,000 units: If Fort Smith uses absorption costing, the total inventoriable costs for the year would be:
A)$400,000.
B)$460,000.
C)$560,000.
D)$620,000.
E)$660,000.

Question

Fort Smith Technologies incurred the following costs during the past year when planned production and actual production each totaled 20,000 units:  If Fort Smith uses absorption costing, the total inventoriable costs for the year would be:
A)$400,000. 
B)$460,000. 
C)$560,000. 
D)$620,000. 
E)$660,000.

Quizplus · Accepted Answer

The Answer of Fort Smith Technologies incurred the following costs during the past year when planned production and actual production each totaled 20,000 units:  If Fort Smith uses absorption costing, the total inventoriable costs for the year would be:
A)$400,000. 
B)$460,000. 
C)$560,000. 
D)$620,000. 
E)$660,000.

Fort Smith Technologies Incurred the Following Costs During the Past