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A Business Operated at 100% of Capacity During Its First

Question 27

Multiple Choice

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


A) $38,000
B) $40,500
C) $34,000
D) $47,000

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