Business, 30.11.2020 17:40, remyboy1938
Whiff Candles estimated overhead costs at the start of 2020 to be $3,600,000 for the year. In 2020, Whiff planned for and produced 1,800,000 candles with variable manufacturing costs of $0.25 per candle and total actual fixed overhead costs of $3,200,000. They sold 1,550,000 candles for $5 each during the year. Fixed selling and admin costs for 2020 totaled $456,000 Instructions Prepare absorption-costing income statement and Variable Costing Income Statement
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Whiff Candles estimated overhead costs at the start of 2020 to be $3,600,000 for the year. In 2020,...
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