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  3. please show your work;) question 3: (15 points)

Please show your work;) Question 3: (15 points) Information taken from Collegiate...

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Accounting

Please show your work;) image
Question 3: (15 points) Information taken from Collegiate Sporting Goods Company's records for the most recent year is as follows: $ Direct material used 624,000 Direct labour 430,000 Variable manufacturing overhead 170,000 Fixed manufacturing overhead 456,000 Variable selling and administrative costs 228,000 Fixed selling and administrative costs 86,000 Required: A. Assuming the company uses absorption costing, compute the inventoriable costs for the year. (8 points) B. Compute the year's inventoriable costs using variable costing. (7 points)

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