Hi tek manufacturing inc. make two types of industrial component parts. The B300 and the...
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Accounting
Hi tek manufacturing inc. make two types of industrial component parts. The B300 and the T500. An absorption costing income statement for the most recent period is shown below
$1,772.40 Cost of goods sold 630,000 s (91.442 Hi-Tek produced and sold 80,400 units of 8300 at a price of S21 per unit and 12.800 units of T500 at a relating to the company's two product lines is shown below S 400.700 S 120.100 162,800$563.500 162.500 507.842 Direct labor 42.400 Cost of goods sold $ 1.233.842 in nature The ABC team also company's manufacturing overhead to four activities as shown below Manufactting Ma e-hours 200|||62.400 152.000 138 180 100.000 60.800



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