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Final Exam m.tpox favorites here select then . and drag to the Favorites Bar fol

ID: 2599703 • Letter: F

Question

Final Exam m.tpox favorites here select then . and drag to the Favorites Bar folder, Or import from another browse in Indonesia. The company produces a handcrafted Bainese musical irstrument caliled a ganelan that s simlar to a xylophone. The gamelans are sold for S870. Selected data for the company's operations las year follaw s8ro Unts in beginning inventory Units produaxced Units sold Units in ending inventory Variable costs per unit 260 230 30 Direct materials Direct labor Variable manufachxing overhead 5 105 $ 325 S 45 5 15 Vardiabla seling and administrative Fixed costs Fixed manufacturing overhead Fixed seling and administrative 21000 s accountant for last year appears The ab below Sales Cost of goods sold 5 200,100 66,750 Gross margin Seling and administratve sxponse 24.450 Net opárating incoma Required. 1 Bstermine how much ot ths erdng hiwarrony censicah of fied manifectuing osverhead coes der d in ewentory to the next period manufacturing ovethead in

Explanation / Answer

Total fixed manufacturing expenses in closing stock is

Fixed manufacturing expenses * closing stock / production

65000*30/260 = 7500

Total fixed manufacturing cost in closing stock is 7500

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