A business operated at 100% of capacity during its first month and incurred the following costs: If 1,000 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet?
A)$38,000
B)$40,500
C)$34,000
D)$47,000

Question

A business operated at 100% of capacity during its first month and incurred the following costs:  If 1,000 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet?
A)$38,000 
B)$40,500 
C)$34,000 
D)$47,000

Quizplus · Accepted Answer

The Answer of A business operated at 100% of capacity during its first month and incurred the following costs:  If 1,000 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the absorption costing balance sheet?
A)$38,000 
B)$40,500 
C)$34,000 
D)$47,000

A Business Operated at 100% of Capacity During Its First