Beginning Inventory in Units - 0 Units produced - 6,000 Units Sold - 5,400 Sales - $750,000 Material Cost (unit level/variable) - $180,000 Variable Conversion Cost Used - $90,000 Fixed Manufacturing Cost (Facility Level) -$120,000 Indirect Operating Cost (fixed) - $150,000 What is the ending inventory under variable costing? Show your complete solution.

Beginning Inventory in Units - 0 Units produced - 6,000 Units Sold - 5,400 Sales - $750,000 Material Cost (unit level/variable) - $180,000 Variable Conversion Cost Used - $90,000 Fixed Manufacturing Cost (Facility Level) -$120,000 Indirect Operating Cost (fixed) - $150,000 What is the ending inventory under variable costing? Show your complete solution.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 31BEB: Inventory Valuation under Variable Costing Refer to the data for Pelham Company on the previous...

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