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Use the Following Information to Answer the Following Questions

Question 3

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Use the following information to answer the following Questions
Fort Smith Technologies incurred the following costs during the past year when planned production and actual production each totaled 20,000 units:
Use the following information to answer the following Questions Fort Smith Technologies incurred the following costs during the past year when planned production and actual production each totaled 20,000 units:    -If Fort Smith uses variable costing, the total inventoriable costs for the year would be: A)  $400,000. B)  $460,000. C)  $560,000. D)  $620,000. E)  $660,000.

-If Fort Smith uses variable costing, the total inventoriable costs for the year would be:


A) $400,000.
B) $460,000.
C) $560,000.
D) $620,000.
E) $660,000.

Correct Answer:

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