Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bernie corporation produces a product that sells f

Bernie Corporation produces a product that sells for $80...

80.2K

Verified Solution

Question

Accounting

image

Bernie Corporation produces a product that sells for $80 per unit. There were 2,000 units costing $116,000 at the beginning of the year 2019 and there were no work in process inventories. Other costs related to its product or 2019 follow Units sold Units produced Direct Materials Used Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead Variable Seling and administrative expen Fixed Selling and Administrative expense 6,000 5,000 90,000 80,000 70,000 60,000 30,000 20,000 Total fixed costs charged under Absorption costing would be

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Let ...

Calculus
Q

Write four general principles to be observed while laying damp proof course.

Civil Engineering
Q

Compare and contrast middle-class and working-class parenting styles. Discuss how these parenting styles socialize children for the...

Psychology
Q

Directions Use the Crosstabs option in the Descriptives menu to answer the questions based on the...

Statistics
Q

x cos y x y dx x dy 0 FINAL ANSWER y arctan ln x...

Calculus
Q

Question 44 of 60 A student must take one physics one chemistry and one mathematics...

Algebra
Q

Edgar accumulated 13 000 in credit card debt If the interest rate is 10 per...

Algebra
Q

Select the incorrect statement concerning the internal rate of return (IRR) method of evaluating capital...

Accounting
Q

In accounting, which principle emphasizes recording transactions at their original cost? A) Matching...

Accounting
Q

145,000 shares of $11 par common stock

Accounting
Q

A tax differs from a user charge in a user pays system in that: ...

Accounting
Q

A fiscal year refers to an organization's accounting period that spans twelve consecutive months or...

Accounting