Ohio Company provided the following information regarding its only product–ice skates.
Direct materials used $300,000
Direct labor 80,000
Fixed overhead 100,000
Fixed selling and administrative costs 170,000
Variable overhead 20,000
Variable selling and administrative 90,000
Selling unit price 99
Units produced and sold 12,000
_____ is the total manufacturing cost if the absorption approach is used.
The absorption approach takes into account all manufacturing …
The expert computes the total manufacturing costs and absorption methods.