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Please answer A-d MGA 202 A Fall 2017...

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Accounting

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MGA 202 A Fall 2017 Quiz #6 Section N Time: 15 misutes There are questions on the froat and back of this page 1. Miller Company, which has only one product, has provided the following data concening its operations in year 2016 Selling price 594 Units in beginning inventory Units produced Units sold Units in ending inventory 4,200 3,700 500 Variable costs per unit: Direct materials Direct abor Variable manufacturing overhead. Variable selling and administrative.. $21 S30 $3 s11 Fixed costs: Fixed manufacturing overhead...$54,600 Fixed selling and administrative$40,700 a. Compute the unit product cost under variable costing Ans: S b. Compute the unit product cost under absorption costing. Ans: S c. How much fixed manufacturing overhead cost was deferred in inventory (rather than being included in the income statement) under absorption costing in year 2016? Ans: $

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