I am trying to understand how this works. My teacher does not teach the class, s
ID: 2377500 • Letter: I
Question
I am trying to understand how this works. My teacher does not teach the class, so I am basically on my own.
Use the following data to answer the question
Using absorption costing, what is the COGM in January?
Use the following data to answer the question
January February March Unit Data Beginning Inventory 0 ? ? Production 1200 800 1000 Sales 700 800 1000 variable costs manufacturing cost per unit produced $900 $900 $900 marketing cost per unit sold produced $600 $600 $600 Fixed costs Manufacturing costs $450,000 $450,000 $450,000 Marketing costs $140,000 $140,000 $140,000
Using absorption costing, what is the COGM in January?
Correct Answer: 1,530,000.00How did they achieve this answer?!
Thanks, Rodney Use the following data to answer the question Using absorption costing, what is the COGM in January?
Explanation / Answer
Hi,
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