Give correct answer Given the following data.Beginning Inventory in Units - 0Units produced - 4,800Units Sold 4,000Sales - $400,000Material Cost (unit level/variable) - $96,000Variable Conversion Cost Used - $48,000Fixed Manufacturing Cost (Facility Level) - $72,000Indirect Operating Cost (fixed) - $80,000What is the ending inventory under variable costing? Show your completesolution.

Step 1: Introduction to variable costingIn variable costingUnder variable costing, only direct…

Answered: Given the following data. Beginning…

Principles of Accounting Volume 2

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Chapter5: Process Costing

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Problem 10EA: Using the weighted-average method, compute the equivalent units of production for a new company that...

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Question:234 Given the following data. Beginning Inventory in Units - 0 Units produced - 4,800 Units Sold 4,000 Sales $400,000 Material Cost (unit level/variable) - $96,000 Variable Conversion Cost Used - $48,000 Fixed Manufacturing Cost (Facility Level) - $72,000 Indirect Operating Cost (fixed) - $80,000 What is the difference between the variable costing ending inventory cost and the absorption costing ending inventory cost? Show your complete solution.
Babe Corporation has an EUP of 248,750 units. Beginning inventory units of 22,500, 40% incomplete; ending inventory units of 24,000 60% complete. Conversion costs of beginning inventory of P9,800; current period conversion costs of P204,125 Using FIFO method, the started in process units is? Using FIFO method, the unit cost is? Using Weighted Average method, the unit conversion cost is? The total EUP of completed and transferred unit is?
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1. Under the absorption costing method, NUBD’s operating income for 2021 would be 2. What would be NUBD’s finished inventory cost at December 31, 2021 under the variable costing method?
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Ibe Corporation has an EUP of 248,750 units. Beginning inventory units of 22,500, 40% incomplete; ending inventory units of 24,000 60% complete. Conversion costs of beginning inventory of P9,800; current period conversion costs of P204,125.1. The total units started in process? 2.The unit conversion cost using weighted average method is? 3.Using FIFO method, the unit cost is? 4.The total EUP of completed and transferred units is?
Ibe Corporation has an EUP of 248,750 units. Beginning inventory units of 22,500, 40% incomplete; ending inventory units of 24,000 60% complete. Conversion costs of beginning inventory of P9,800; current period conversion costs of P204,125. The unit conversion cost using weighted average method is? Using FIFO method, the EUP of completed and transferred units is? Using FIFO method, the unit cost is: 0.82 0.86 0.70 NOTA
The following data relates to Alpha Company. Units in beginning inventory Units produced Units sold ($350 per unit) Variable costs per unit: Direct materials Direct labor Variable overhead Fixed costs: Fixed overhead per unit produced Fixed selling and administrative expenses - 26,000 19,000 $40 60 25 $50 150,000 Determine the value of ending inventory under variable costing. a. $700,000 O b. $1,225,000 C. $805,000 O d. $875,000

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