Magenta Inc. reports the following information for the current year, which is its first year of operations: If the company's cost per unit of finished goods using absorption costing is $39.75, what is total variable overhead?
A) $925,000
B) $877,500
C) $937,500
D) $865,800
E) $5,437,500

Question

Magenta Inc. reports the following information for the current year, which is its first year of operations:  If the company's cost per unit of finished goods using absorption costing is $39.75, what is total variable overhead?
A) $925,000 
B) $877,500 
C) $937,500 
D) $865,800 
E) $5,437,500

Quizplus · Accepted Answer

The Answer of Magenta Inc. reports the following information for the current year, which is its first year of operations:  If the company's cost per unit of finished goods using absorption costing is $39.75, what is total variable overhead?
A) $925,000 
B) $877,500 
C) $937,500 
D) $865,800 
E) $5,437,500