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pinkdish
May 8, 2010, 11:52 PM
assume that there is no january 1, 2007 inventory; no variances are allocated to inventory and the firm uses a full absorption approach to product costing. Compute the costs assigned to december 31, 2007 inventory

sales 12,000 * 17
actual production 15,000 units
expected volume of production 18,000 units
mfg costs incurred
variable 120,000
fixed 63,000
nonmanufacturing costs incurred
variable 24,000
fixed 18,000

pinkdish
May 9, 2010, 12:01 AM
assume that there is no january 1, 2007 inventory; no variances are allocated to inventory and the firm uses a full absorption approach to product costing. Compute the costs assigned to december 31, 2007 inventory

sales 12,000 * 17
actual production 15,000 units
expected volume of production 18,000 units
mfg costs incurred
variable 120,000
fixed 63,000
nonmanufacturing costs incurred
variable 24,000
fixed 18,000

morgaine300
May 11, 2010, 07:29 PM
Please do not double post as it just confuses things. I've merged your two threads back into one.

You also need to take a look at our guidelines for posting homework:
https://www.askmehelpdesk.com/arts-literature/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

(And can you also please not use all caps. It's difficult to read.)