A company produces a single product. Variable production costs are $12 per unit, and variable selling and administrative expenses are $3 per unit. Fixed manufacturing overhead totals $36,000, and fixed selling and administration expenses total $40,000. Assuming a beginning inventory of zero, production of 4,000 units and sales of 3,600 units, the dollar value of the ending inventory under variable costing would be: a. $3,600 b. $8,400 c. $4,800 d.$6,000
A company produces a single product. Variable production costs are $12 per unit, and variable selling and administrative expenses are $3 per unit. Fixed manufacturing overhead totals $36,000, and fixed selling and administration expenses total $40,000. Assuming a beginning inventory of zero, production of 4,000 units and sales of 3,600 units, the dollar value of the ending inventory under variable costing would be: a. $3,600 b. $8,400 c. $4,800 d.$6,000
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
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Author:Don R. Hansen, Maryanne M. Mowen
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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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The dollar value of the ending inventory under variable. general accounting
![A company produces a single product. Variable
production costs are $12 per unit, and variable selling
and administrative expenses are $3 per unit. Fixed
manufacturing overhead totals $36,000, and fixed
selling and administration expenses total $40,000.
Assuming a beginning inventory of zero, production of
4,000 units and sales of 3,600 units, the dollar value of
the ending inventory under variable costing would be:
a. $3,600
b. $8,400
c. $4,800
d.$6,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffbb713ac-0013-41a6-8f3b-29d05986eeb3%2F65cbdc4a-3e05-43cd-8994-7697726b8047%2F01tz9u5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A company produces a single product. Variable
production costs are $12 per unit, and variable selling
and administrative expenses are $3 per unit. Fixed
manufacturing overhead totals $36,000, and fixed
selling and administration expenses total $40,000.
Assuming a beginning inventory of zero, production of
4,000 units and sales of 3,600 units, the dollar value of
the ending inventory under variable costing would be:
a. $3,600
b. $8,400
c. $4,800
d.$6,000
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