question archive Current information for the Austin Company follows: All raw materials used were traceable to specific batches of product
Current information for the Austin Company follows: All raw materials used were traceable to specific batches of product
Subject:AccountingPrice: Bought3
Current information for the Austin Company follows: All raw materials used were traceable to specific batches of product. Austin Company's cost of goods manufactured for the year is: 15200 Beginning raw martials inventory Beginning Goods in process inventory Ending Goods in process inventory Ending raw martials inventory Direct labor 22400 28000 16600 42800 Total factory overhead raw martials purchase 30000 60000 $128,600 $125,800 $131,400 $137,000 $139,000 Hiller Co. anticipates total fixed costs of $120,000 and variable costs equal to 40% of sales. What is the pretax income if sales are $650,000? 265,000 O 260,000 250,000 270,000 255,000.
