For the month ended October 31^st, there are no finished goods or work in process inventories at the beginning of the month for the Fleetfoot Company. Net sales $8,400
Product costs:
Variable 3,780
Fixed 1,890
Selling and Administrative costs:
Variable 588
Fixed 840
Units manufactured 210
Units sold 180
What would Fleetfoot's finished goods inventory cost be at December 31^st under the absorption costing method?

Question

Quizplus · Accepted Answer

The Answer of For the month ended October 31^st, there are no finished goods or work in process inventories at the beginning of the month for the Fleetfoot Company. Net sales $8,400 Product costs: Variable 3,780 Fixed 1,890 Selling and Administrative costs: Variable 588 Fixed 840 Units manufactured 210 Units sold 180 What would Fleetfoot's finished goods inventory cost be at December 31^st under the absorption costing method? A)$540 B)$624 C)$810 D)$1,014

For the Month Ended October 31st, There Are No Finished

For the Month Ended October 31^st, There Are No Finished