Points Received : 25 of 25 3 . Question : ( TCO 5 ) The following data has been taken from Air-Tite company in its first year of business .
Units produced 100,000 Units sold 80,000 Units in ending inventory 20,000 Fixed manufacturing overhead $ 400,000
( a ) Compute the amount of fixed manufacturing overhead that would be expensed in the current year if full absorption costing is used . ( b ) Compute the amount of fixed manufacturing overhead that would be expensed in the current year if variable costing is used . ( c ) Compute the amount of fixed manufacturing overhead that would be included in ending inventory under full absorption costing . Points Received : 25 of 25 ==================================================