Answer the Following Questions Using the Information Below

question 313

Multiple Choice

Answer the following questions using the information below:
Wangaratta Corporation incurred fixed manufacturing costs of $6000 during 2018.Other information for 2018 includes:
The budgeted denominator level is 1000 units.
Units produced total 750 units.
Units sold total 600 units.
Beginning inventory was zero.
The company uses absorption costing and the fixed manufacturing cost rate is based on the budgeted denominator level.Manufacturing variances are closed to cost of goods sold.
-Fixed manufacturing costs included in ending inventory total:

• A)0
• B)$1200
• C)$900
• D)$1500

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Text that is directly taken from another source, indicated by quotation marks or other formatting.

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Text that has been reworded and restructured while maintaining the original meaning and information.

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The conviction that faith should align with logic and proof.

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The belief that our physical senses are the primary source of knowledge.