Bones Company gathered the following information for the year ended December 31, 20X5:
Required:
a. What is the ending finished- goods inventory cost under absorption costing?
b. What is the ending finished- goods inventory cost under variable costing?

Question

Bones Company gathered the following information for the year ended December 31, 20X5:
  Required:
a. What is the ending finished- goods inventory cost under absorption costing?
b. What is the ending finished- goods inventory cost under variable costing?

Quizplus · Accepted Answer

The Answer of Bones Company gathered the following information for the year ended December 31, 20X5:
  Required:
a. What is the ending finished- goods inventory cost under absorption costing?
b. What is the ending finished- goods inventory cost under variable costing?

Bones Company Gathered the Following Information for the Year Ended