[jay6216]

Consider the following information pertaining to a year’s operations of Youngstown Manufacturing:
Units sold 1,400
Units produced 1,600
Direct labor $4,200
Direct materials used 3,500
Fixed manufacturing overhead 2,200
Variable manufacturing overhead 300
Selling and administrative expenses (all fixed) 700
Beginning inventories 0
Contribution margin 5,600
Direct-material inventory, end 800
There are no work-in-process inventories.
1. What is the ending finished-goods inventory cost under absorption costing?
2. What is the ending finished-goods inventory cost under variable costing?

[rehmanvohra]

This thread is more than 18 months old sent under a different name. Refer to following link:

https://www.askmehelpdesk.com/accoun...ng-316988.html

[morgaine300]

That's the second time now. How are you deciding these are the same people posting under different names? You got a back door to this site that no one knows about? Or you think only one person in the world actually does that particular problem?

[morgaine300]

Jay, you need to read our guidelines on posting homework problems:
https://www.askmehelpdesk.com/financ...-b-u-font.html

[karimdouban2003]

1-answer number one 51
2-answer number two 40