Business, 19.09.2019 23:30 tatyananannanana

He following information is available for barnes company for the fiscal year ended december 31: beginning finished goods inventory in units 0 units produced 7,200 units sold 5,200 sales $ 676,000 materials cost $ 144,000 variable conversion cost used $ 72,000 fixed manufacturing cost $ 540,000 indirect operating costs (fixed) $ 104,000 the absorption costing ending inventory is: multiple choice $198,000 $214,000 $210,000 $182,000

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Answer from: tk1264

$210,000

Explanation:

For computing ending inventory under absorption costing, we need to first find out the units of ending inventory, and then do the proportion to each cost.

The units of ending inventory = Units produced - units sold

= 7,200 units - 5,200 units

= 2,000 units

Now,

The material cost = Material cost × (ending inventory units ÷ units produced)

= $144,000 × (2,000 ÷ 7,200)

= $40,000

The Variable conversion cost = Variable conversion cost × (ending inventory units ÷ units produced)

= $72,000 × (2,000 ÷ 7,200)

= $20,000

The Fixed manufacturing cost = Fixed manufacturing cost × (ending inventory units ÷ units produced)

= $540,000 × (2,000 ÷ 7,200)

= $150,000

So, the ending inventory equals to

= Material cost + Variable conversion cost + Fixed manufacturing cost

= $40,000 + $20,000 + $150,000

= $210,000

Answer from: Quest

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

Answer from: Quest

Ineed the options .

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