DIM Manufacturing provides the following data: . Variable production costs: $500,000 Variable selling and administrative (S&A) costs: $60,000 . Fixed S&A costs: $110,000 Fixed production costs: $280,000 . Unit sales price: $10 . Units produced: 100,000 . Units sold: 90,000 Under full costing, what is the value of the ending inventory?

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
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DIM Manufacturing provides the following data:
. Variable production costs: $500,000
Variable selling and administrative (S&A) costs: $60,000
. Fixed S&A costs: $110,000
Fixed production costs: $280,000
. Unit sales price: $10
. Units produced: 100,000
. Units sold: 90,000
Under full costing, what is the value of the ending
inventory?
Transcribed Image Text:DIM Manufacturing provides the following data: . Variable production costs: $500,000 Variable selling and administrative (S&A) costs: $60,000 . Fixed S&A costs: $110,000 Fixed production costs: $280,000 . Unit sales price: $10 . Units produced: 100,000 . Units sold: 90,000 Under full costing, what is the value of the ending inventory?
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