The following information relates to
KeenanKeenan
Inc.'s Year 3 financials:
Direct labor |
$380,000 |
---|---|
Direct materials |
180,000 |
Variable overhead |
210,000 |
Fixed overhead |
335,000 |
Variable SG&A expenses |
200,000 |
Fixed SG&A expenses |
193,000 |
Year 3 period costs for
KeenanKeenan,
under both the absorption and variable cost methods, will be
A.
Absorption Method |
Variable Cost Method |
---|---|
$528,000 |
$938,000 |
B.
Absorption Method |
Variable Cost Method |
---|---|
$393,000 |
$938,000 |
C.
Absorption Method |
Variable Cost Method |
---|---|
$393,000 |
$728,000 |
D.
Absorption Method |
Variable Cost Method |
---|---|
$528,000 |
$728,000 |
The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.
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