Use the information below to answer the following question(s).Urban Body Products Ltd.manufactures body wash liquid soap.The controller has provided the following information and stated that standard costing is used for manufacturing, marketing, and administrative costs. There were no beginning or ending inventories of materials or work-in-process.
-Advanced Lighting's total variable costs are $102 and total manufacturing costs are $98.Standard variable marketing/administrative costs constitute 20 percent of the total variable costs.Respectively, what are Advanced Lighting's standard variable manufacturing costs and standard fixed manufacturing costs?
A)$77.60 and $81.60
B)$78.40 and $98.00
C)$81.60 and $16.40
D)$81.60 and $77.60
E)$78.40 and $16.40

Question

Use the information below to answer the following question(s).Urban Body Products Ltd.manufactures body wash liquid soap.The controller has provided the following information and stated that standard costing is used for manufacturing, marketing, and administrative costs.   There were no beginning or ending inventories of materials or work-in-process.
-Advanced Lighting's total variable costs are $102 and total manufacturing costs are $98.Standard variable marketing/administrative costs constitute 20 percent of the total variable costs.Respectively, what are Advanced Lighting's standard variable manufacturing costs and standard fixed manufacturing costs?
A)$77.60 and $81.60 
B)$78.40 and $98.00 
C)$81.60 and $16.40 
D)$81.60 and $77.60 
E)$78.40 and $16.40

Quizplus · Accepted Answer

The Answer of Use the information below to answer the following question(s).Urban Body Products Ltd.manufactures body wash liquid soap.The controller has provided the following information and stated that standard costing is used for manufacturing, marketing, and administrative costs.   There were no beginning or ending inventories of materials or work-in-process.
-Advanced Lighting's total variable costs are $102 and total manufacturing costs are $98.Standard variable marketing/administrative costs constitute 20 percent of the total variable costs.Respectively, what are Advanced Lighting's standard variable manufacturing costs and standard fixed manufacturing costs?
A)$77.60 and $81.60 
B)$78.40 and $98.00 
C)$81.60 and $16.40 
D)$81.60 and $77.60 
E)$78.40 and $16.40

Use the Information Below to Answer the Following Question(s)