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.
-The production-volume variance is:
A) $2400
B) $1500
C) 0
D) $2000
Correct Answer:
Verified
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Q197: Under variable costing,if a manager's bonus is
Q198: Answer the following questions using the information
Q199: Variable costing is a less than perfect
Q201: What is the practice of switching production
Q202: Which of the following id NOT an
Q203: Which of the following relates to absorption
Q204: When does an unfavourable production-volume variance occur?
A)production
Q205: If the unit level of inventory increases
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