Krepps Corporation produces a single product. Last year, Krepps manufactured 26,030 units and sold 20,700 units. Production costs for the year were as follows: Direct materials$192,622?Direct labor$143,165?Variable manufacturing overhead$210,843?Fixed manufacturing overhead$494,570?Sales totaled $983,250 for the year, variable selling and administrative expenses totaled $120,060, and fixed selling and administrative expenses totaled $161,386. There was no beginning inventory. Assume that direct labor is a variable cost.Under absorption costing, the ending inventory for the year would be valued at:
A. $283,200
B. $213,200
C. $274,700
D. $240,700
Answer: B
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On January 2, 2013 . Bismark Corporation bought 20 percent of Congeal Corporation's capital stock for $60,000 and classified it as available-for-sale securities. Congeal's net incomes for the years ended December 31 . 2013 . and 2014, were $20,000 and $100,000, respectively. During 2014, Congeal declared a dividend of $110,000 . No dividends were declared in 2013 . On December 31 . 2014, the fair
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Pitch letters can be composed based on a standard format
Indicate whether the statement is true or false
Pre-interview planning on the part of an interviewee involves:?
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