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Elementary,Middle School,High School,College,University,PHD
Teaching Since: | May 2017 |
Last Sign in: | 307 Weeks Ago, 4 Days Ago |
Questions Answered: | 66690 |
Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Wilson Manufacturing produces a single product. Last year, the company produced 20,000 units out of which 18,000 were sold. There were no units in beginning inventory. The company had the following costs: Variable costs per unit: Production $10.00 Selling and administrative $4.00 Fixed costs (total): Production $40,000 Selling and administrative $20,000 A) Calculate Wilson's total product cost assuming the company uses variable costing. (Show work) B) Calculate Wilson's total period cost assuming the company uses variable costing. (Show work) C)Calculate Wilson's total product cost assuming the company uses absorption costing. (Show work) D)Calculate Wilson's total period cost assuming the company uses absorption costing. (Show work)
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