A company produces a single product. . Variable production costs: $15.60 per unit • Variable selling and administrative expenses: $4.20 per unit Fixed manufacturing overhead totals: $38,000 Fixed selling and administration expenses total: $42,000 Assuming a beginning inventory of zero, production of 8,700 units, and sales of 5,600 units, the dollar value of the ending inventory under variable costing would be ______

A company produces a single product. . Variable production costs: $15.60 per unit • Variable selling and administrative expenses: $4.20 per unit Fixed manufacturing overhead totals: $38,000 Fixed selling and administration expenses total: $42,000 Assuming a beginning inventory of zero, production of 8,700 units, and sales of 5,600 units, the dollar value of the ending inventory under variable costing would be ______

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 28P: The following information pertains to Vladamir, Inc., for last year: There are no work-in-process...

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Grainger Company produces only one product and sells that product for $100 per unit. Cost information for the product is: Selling expenses are $4 per unit and are all variable. Administrative expenses of $20,000 are all fixed. Grainger produced 5,000 units; sold 4,000; and had no beginning inventory. A. Compute net income under absorption costing variable costing B. Reconcile the difference between the income under absorption and variable costing.
Bethany Company has just completed the first month of producing a new product but has not yet shipped any of this product. The product incurred variable manufacturing costs of 5,000,000, fixed manufacturing costs of 2,000,000, variable marketing costs of 1,000,000, and fixed marketing costs of 3,000,000. Under the variable costing concept, the inventory value of the new product would be: a. 5,000,000. b. 6,000,000. c. 8,000,000. d. 11,000,000.
Submarine Company produces only one product and sells that product for $150 per unit. Cost information for the product is as follows: Selling expenses are $2 per unit and are all variable. Administrative expenses of $15,000 are all fixed, Submarine produced 2.000 units and sold 1.800. Grainger had no beginning inventory. A. Compute net income under absorption costing variable costing B. Reconcile the difference between the income under absorption and variable costing.
A company produces a single product. Variable production costs Variable selling and administrative expenses Fixed manufacturing overhead totals $14.5 per unit $3.8 per unit $44,000 Fixed selling and administration expenses total $48,000 Assuming a beginning inventory of zero, production of 9,700 units, and sales of 6,300 units, the dollar value of the ending inventory under variable costing would be _____.
What is the dollar value of the ending inventory under variable costing? Of general accounting question please solve and show explanation
A company produces a single product.
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Please provide the accurate answer to this general accounting problem using valid techniques.
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The dollar value of the ending inventory?
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Subject:- General Account - A company produces a single product. Variable production costs are $13.50 per unit and variable selling and administrative expenses are $4.50 per unit. Fixed manufacturing overhead totals $51,000, and fixed and administrative expenses total $55,000. Assuming a beginning inventory of zero, production of 5,000 units, and sales of 4,350 units, what would be the dollar value of the ending inventory under variable costing?