question archive At the end of its fiscal year, Jubal Manufacturing recorded the data below: Prime cost $800,000 Variable manufacturing overhead 100,000 Fixed manufacturing overhead 160,000 Variable selling and other expenses 80,000 Fixed selling and other expenses 40,000 Using absorption (full) costing, Jubal’s inventoriable costs are A
At the end of its fiscal year, Jubal Manufacturing recorded the data below: Prime cost $800,000 Variable manufacturing overhead 100,000 Fixed manufacturing overhead 160,000 Variable selling and other expenses 80,000 Fixed selling and other expenses 40,000 Using absorption (full) costing, Jubal’s inventoriable costs are A
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At the end of its fiscal year, Jubal Manufacturing recorded the data below:
| Prime cost | $800,000 |
| Variable manufacturing overhead | 100,000 |
| Fixed manufacturing overhead | 160,000 |
| Variable selling and other expenses | 80,000 |
| Fixed selling and other expenses | 40,000 |
| Using absorption (full) costing, Jubal’s inventoriable costs are | |
| A. | $1,060,000 |
| B. | $900,000 |
| C. | $1,180,000 |
| D. | $800,000 |
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Answer:
| Prime cost | $800,000 |
| Variable manufacturing overhead | 100,000 |
| Fixed manufacturing overhead | 160,000 |
inventorial costs=$1,060,000.
So the option is A.$1,060,000.
