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    Financial Accounting Study Set 2
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    Exam 20: Inventory Management and Variable and Absorption Costing
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    Exhibit 20-2 Calumet Company Sells Slippers
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Exhibit 20-2 Calumet Company Sells Slippers

Question 44

Question 44

Multiple Choice

Exhibit 20-2 Calumet Company sells slippers. The following information is available for Calumet's inventory for 2011:
Exhibit 20-2 Calumet Company sells slippers. The following information is available for Calumet's inventory for 2011:   Refer to Exhibit 20-2. Calculate Calumet's overhead cost for the year. A)  $90,000 B)  $600,000 C)  $1,080,000 D)  $1,800,000 Refer to Exhibit 20-2. Calculate Calumet's overhead cost for the year.


A) $90,000
B) $600,000
C) $1,080,000
D) $1,800,000

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