Essay
The following data relate to Santa Mia, Inc., a new company:
There were no variances during the period.
Required:
A. Determine the number of units in the ending finished-goods inventory.
B. Calculate the cost of the ending finished-goods inventory under (1) variable costing and (2) absorption costing.
C. Determine the company's variable-costing income.
D. Determine the company's absorption-costing income.
Correct Answer:
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A. Ending finished-goods inventory: 0 + ...View Answer
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Correct Answer:
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