Week 4 Team Assignment Variable and Absorption Costing

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Week 4 Team Assignment Variable and Absorption Costing

 

 

 

ACC/561

 

September 1, 2015

 

 

 

 

 

 Polk Company builds custom fishing lures

 

Direct materials $7.50

 

Direct labor $2.45

 

Variable manufacturing overhead $5.75

 

Variable selling and administrative expenses $3.90

 

Fixed manufacturing  $234,650

 

Fixed Selling $241,100

 

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