A business operated at 100% of capacity during its first month and incurred the following costs: If 1,000 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet?
A) $38,000
B) $40,500
C) $34,000
D) $47,000

Question

A business operated at 100% of capacity during its first month and incurred the following costs:  If 1,000 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet?
A) $38,000 
B) $40,500 
C) $34,000 
D) $47,000

Quizplus · Accepted Answer

The Answer of A business operated at 100% of capacity during its first month and incurred the following costs:  If 1,000 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet?
A) $38,000 
B) $40,500 
C) $34,000 
D) $47,000

A Business Operated at 100% of Capacity During Its First