Question:Financial Account - 15-69 A company produces a single product. Variable production costs are $13.2 per unit and variable selling and administrative expenses are $4.2 per unit. Fixed manufacturing overhead totals $48,000 and fixed selling and administration expenses total $52,000. Assuming a beginning inventory of zero, production of 5,200 units and sales of 4,200 units, the dollar value of the ending inventory under variable costing would be: a) $13,200 b) $22,200 c) $17,400 d) $9,000

Question:Financial Account - 15-69 A company produces a single product. Variable production costs are $13.2 per unit and variable selling and administrative expenses are $4.2 per unit. Fixed manufacturing overhead totals $48,000 and fixed selling and administration expenses total $52,000. Assuming a beginning inventory of zero, production of 5,200 units and sales of 4,200 units, the dollar value of the ending inventory under variable costing would be: a) $13,200 b) $22,200 c) $17,400 d) $9,000

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

Problem 3BE: Variable costingsales exceed production The beginning inventory is 52,800 units. All of the units...

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Value of the ending inventory under variable costing would be?
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