IMA CMA-Financial-Planning-Performance-and-Analytics Question Answer
A company manufactures dining tables. The variable costs per unit are as follows.
Other costs are fixed and include advertising costs of $45,000 per year administrative costs of $55,000 annually and fixed manufacturing overhead of S250.000 per year based on Budgeted production of 10.000 dining tables There was no beginning inventory During the prior year, a total of 10.000 dining tables were manufactured, with 9 000 dining tables sold at $100 each Based on the above information what would be the cost of the ending finished goods inventory under absorption (full) costing?
IMA CMA-Financial-Planning-Performance-and-Analytics Summary
- Vendor: IMA
- Product: CMA-Financial-Planning-Performance-and-Analytics
- Update on: Feb 7, 2026
- Questions: 112
