Problem 5-13 The following information relates to Munchies Industries for fiscal 2017, the company's first...
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Problem 5-13 The following information relates to Munchies Industries for fiscal 2017, the company's first year of operation: Units produced Units sold Units in ending inventory Fixed manufacturing overhead 157,000 114,900 42,100 $927,870 Calculate the amount of fixed manufacturing overhead that would be expensed in 2017 using full costing. (Round fixed manufacturing overhead per unit to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 125.) Fixed manufacturing overhead expensed s LINK TO TEXT LINK TO TEXT Calculate the amount of fixed manufacturing overhead that would be expensed in 2017 using variable costing. Fixed manufacturing overhead expensed LINK TO TEXT LINK TO TEXT Calculate the amount of fixed manufacturing overhead that would be included in ending inventory under full costing and reconcile it to the difference between parts a and b. Fixed manufacturing overhead in ending inventory FMOH expensed under variable costing FMOH expensed under full costing Difference Click if you would like to Show Work for this question: Open Show Work
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