A manufacturing company recorded the following costs in October for Product X:Direct Materials 20000Direct Labour 6300Variable Production Overhead 4700Fixed Production Overhead 19750Variable Selling Costs 4500Fixed Distribution Costs 16800Total costs incurred for Product X 72050During October 4,000 units of Product X were produced but only 3,600 units were sold.At the beginning of October there was no inventory. The value of the inventory of Product X at the end of October using throughput accounting was:

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Syllabus (with weightage)
A. Cost Management 20%
B. Strategic Cost Management Tools and Techniques 50%
C. Strategic Cost Management - Application of Statistical Techniques in Business Decisions 30%

Related Test: CMA Intermediate Exam: Cost and Management Accounting


A manufacturing company recorded the following costs in October for Product X:<br>Direct Materials 20000<br>Direct Labour 6300<br>Variable Production Overhead 4700<br>Fixed Production Overhead 19750<br>Variable Selling Costs 4500<br>Fixed Distribution Costs 16800<br>Total costs incurred for Product X 72050<br>During October 4,000 units of Product X were produced but only 3,600 units were sold.<br>At the beginning of October there was no inventory. The value of the inventory of Product X at the end of October using throughput accounting was: