FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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19
East Co.'s
Direct materials and direct labour |
$700,000 |
Other variable manufacturing costs |
100,000 |
|
80,000 |
Other fixed manufacturing |
18,000 |
What amount should be considered product costs for external reporting purposes if the company uses absorption costing?
Select one:
a. $898,000
b. $880,000
c. $800,000
d. $700,000
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