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Steele Corporation Has the Following Information for January, February, and March

Question 133

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Steele Corporation has the following information for January, February, and March: Production costs per unit (based on 10,000 units) are as follows:
Steele Corporation has the following information for January, February, and March: Production costs per unit (based on 10,000 units) are as follows: There were no beginning inventories for January, and all units were sold for $50.Costs are stable over the three months. - What is the February ending inventory for Steele Corporation using the absorption costing method? A) $39,000 B) $45,000 C) $135,000 D) $300,000 There were no beginning inventories for January, and all units were sold for $50.Costs are stable over the three months.
Steele Corporation has the following information for January, February, and March: Production costs per unit (based on 10,000 units) are as follows: There were no beginning inventories for January, and all units were sold for $50.Costs are stable over the three months. - What is the February ending inventory for Steele Corporation using the absorption costing method? A) $39,000 B) $45,000 C) $135,000 D) $300,000
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What is the February ending inventory for Steele Corporation using the absorption costing method?


A) $39,000
B) $45,000
C) $135,000
D) $300,000

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