Clearview Technologies produces a single product. The following data is provided: Variable production costs: $15 per unit Variable selling and administrative expenses: $5 Fixed manufacturing overhead totals: $50,000 per unit Fixed selling and administrative expenses total: $60,000 Beginning inventory: 0 units Production of 6,000 units Sales of 5,000 units What is the dollar value of the ending inventory under variable costing?

Cornerstones of Cost Management (Cornerstones Series)
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Author:Don R. Hansen, Maryanne M. Mowen
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Chapter18: Pricing And Profitability Analysis
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General Accounting Question

Clearview Technologies produces a single product. The following data is
provided:
Variable production costs: $15 per unit
Variable selling and administrative expenses: $5
Fixed manufacturing overhead totals: $50,000
per unit
Fixed selling and administrative expenses total: $60,000
Beginning inventory: 0 units
Production of 6,000 units
Sales of 5,000 units
What is the dollar value of the ending inventory under variable costing?
Transcribed Image Text:Clearview Technologies produces a single product. The following data is provided: Variable production costs: $15 per unit Variable selling and administrative expenses: $5 Fixed manufacturing overhead totals: $50,000 per unit Fixed selling and administrative expenses total: $60,000 Beginning inventory: 0 units Production of 6,000 units Sales of 5,000 units What is the dollar value of the ending inventory under variable costing?
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