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 _____

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 4CMA: Bethany Company has just completed the first month of producing a new product but has not yet...

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Value of the ending inventory under variable costing would be?
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