A company reports the following information for its first year of operations: If the company's cost per unit of finished goods using variable costing is $2.02, what is the amount of total fixed overhead?
A) $26,660
B) $35,690
C) $24,510
D) $60,200
E) Cannot be determined from the given data.

Question

A company reports the following information for its first year of operations:  If the company's cost per unit of finished goods using variable costing is $2.02, what is the amount of total fixed overhead?
A) $26,660 
B) $35,690 
C) $24,510 
D) $60,200 
E) Cannot be determined from the given data.

Quizplus · Accepted Answer

The Answer of A company reports the following information for its first year of operations:  If the company's cost per unit of finished goods using variable costing is $2.02, what is the amount of total fixed overhead?
A) $26,660 
B) $35,690 
C) $24,510 
D) $60,200 
E) Cannot be determined from the given data.

A Company Reports the Following Information for Its First Year