Exit CMA-FINANCIAL-PLANNING-PERFORMANCE-AND-ANALYTICS CMA Part 1: Financial Planning - Performance and Analytics
Question 4 of 5
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Q4 Single choice

A company manufactures dining tables. The variable costs per unit are as follows.

Other costs are fixed and include advertising costs of $45,000 per year administrative costs of $55,000 annually and fixed manufacturing overhead of S250.000 per year based on Budgeted production of 10.000 dining tables There was no beginning inventory During the prior year, a total of 10.000 dining tables were manufactured, with 9 000 dining tables sold at $100 each Based on the above information what would be the cost of the ending finished goods inventory under absorption (full) costing-

  • A

    $45,000.

  • B

    $70,000.

  • C

    $80,000.

  • D

    $100,000.