1. Pneumotech manufactures industrial air compressors. The following data are for October 2006. The company had 200 units in beginning inventory. In October, 1,500 units were produced, and 1,200 were sold. The average selling price was $4,500. Variable Costs (per unit) Direct Materials $ 600 Direct Labor 1,500 Variable MOH 300 Variable selling and admin. 70 Fixed Costs (total) Manufacturing Overhead $ 1,600,000 Selling and admin. 100,000 a) Compute the cost of ending inventory using absorption costing. Assume that Pneumotech uses periodic LIFO inventory costing and carries the beginning inventory at $3,100 fully absorbed cost per unit. b) Compute the cost of ending inventory using variable costing. Assume that Pneumotech uses periodic LIFO inventory costing and carries the beginning inventory at $2,350 variable cost per unit. c) Find the operating income for the month, using both absorption and variable costing.
This text was automatically generated from the attachment. Please refer to the attachment to view this question.
This question was created from ORIE 3150 Homework 10 summer 2015 https://www.aceyourstudies.com/file/11921988/ORIE-3150-Homework-10-summer-2015/?focusQaId=10084241
This question was answered on: Sep 18, 2020
Buy this answer for only: $15
This attachment is locked
We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy from our tutoring website www.aceyourhomework.com (Deadline assured. Flexible pricing. TurnItIn Report provided)
Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
About this QuestionSTATUS
Sep 18, 2020EXPERT
GET INSTANT HELP/h4>
We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.
You can also use these solutions:
- As a reference for in-depth understanding of the subject.
- As a source of ideas / reasoning for your own research (if properly referenced)
- For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
NEW ASSIGNMENT HELP?
Order New Solution. Quick Turnaround
Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.
WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.