Unit Costs, Inventory Valuation, Variable and Absorption Costing Snyder Company produced 90,000 units during its first year of operations and sold 87,000 at $21.80 per unit. The company chose practical activity-at 90,000 units-to compute its predetermined overhead rate. Manufacturing costs are as follows: 11eb7449_c536_590f_a720_a1764c8e634e_SM1592_00 Required: 1. Calculate the unit cost and the cost of finished goods inventory under absorption costing. 2. Calculate the unit cost and the cost of finished goods inventory under variable costing. 3. What is the dollar amount that would be used to report the cost of finished goods inventory to external parties. Why?

Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen

النسخة 2الرقم المعياري الدولي: 978-1111824402

Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen

النسخة 2الرقم المعياري الدولي: 978-1111824402

تمرين 31

Unit Costs, Inventory Valuation, Variable and Absorption Costing
Snyder Company produced 90,000 units during its first year of operations and sold 87,000 at $21.80 per unit. The company chose practical activity-at 90,000 units-to compute its predetermined overhead rate. Manufacturing costs are as follows:

Required:
1. Calculate the unit cost and the cost of finished goods inventory under absorption costing.
2. Calculate the unit cost and the cost of finished goods inventory under variable costing.
3. What is the dollar amount that would be used to report the cost of finished goods inventory to external parties. Why?

التوضيح

موثّق

1)Compute unit cost and cost of finished...