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21) In activity-based costing, nonmanufacturing costs as well as manufacturing costs may be assigned to...

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Accounting

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21) In activity-based costing, nonmanufacturing costs as well as manufacturing costs may be assigned to products. A) True B) False Use this information for both questions 23-24 A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $89 Selling price Units in beginning inventory.. Units produced Units in ending inventory Variable costs per unit: 4,300 4,000 300 Direct materials Direct labor.. Variable manufacturing overhead. Variable selling and administrative.... $13 $35 $1 S10 Fixed costs $77.400 $24,000 Fixed selling and administrative. 22) The total contribution margin for the month under variable costing is: A) $42,600 B) $88,000 C) $120,000 D) $160,000 23) The total gross margin for the month under absorption costing is: A) $120,000 B) $356,000 C) $160,000 D) $88.000

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