A company produces a single product. Variable production costs $12.8 unit per Variable selling and administrative expenses $3.8 per unit Fixed manufacturing overhead totals $44,000 Fixed selling and administration expenses $48,000 total Assuming a beginning inventory of zero, production of 4,800 units, and sales of 4,000 units, the dollar value of the ending inventory under variable costing would be: A. $10,240 B. $17,440 C. $13,280 D. $7,200
A company produces a single product. Variable production costs $12.8 unit per Variable selling and administrative expenses $3.8 per unit Fixed manufacturing overhead totals $44,000 Fixed selling and administration expenses $48,000 total Assuming a beginning inventory of zero, production of 4,800 units, and sales of 4,000 units, the dollar value of the ending inventory under variable costing would be: A. $10,240 B. $17,440 C. $13,280 D. $7,200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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