Blue Electronics provided the following data for the period: • • Beginning Inventory in Units: 0 Units produced: 6,000 Units Sold: 5,000 • Sales: $600,000 • • Material Cost (unit level/variable): $120,000 Variable Conversion Cost Used: $60,000 Fixed Manufacturing Cost (Facility Level): $90,000 Indirect Operating Cost (fixed): $100,000 What is the ending inventory under variable costing? Show your complete solution.

Blue Electronics provided the following data for the period: • • Beginning Inventory in Units: 0 Units produced: 6,000 Units Sold: 5,000 • Sales: $600,000 • • Material Cost (unit level/variable): $120,000 Variable Conversion Cost Used: $60,000 Fixed Manufacturing Cost (Facility Level): $90,000 Indirect Operating Cost (fixed): $100,000 What is the ending inventory under variable costing? Show your complete solution.

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter10: Cost Analysis For Management Decision Making

Section: Chapter Questions

Problem 4E: The following production data came from the records of Olympic Enterprises for the year ended...

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