Chapter 10, Problem 46RSCQ

Financial Accounting question solve do fast

Please provide the solution to this financial accounting question with accurate financial calculations.

None

What is the labor rate variance? Accounting

Subject = general accounting

Cost per unit is?

None

Boston Furniture Co. produces a single product. Variable production costs are $18 per unit, and variable selling and administrative expenses are $7 per unit. Fixed manufacturing overhead totals $62,000, and fixed selling and administration expenses total $48,000. Assuming a beginning inventory of zero, production of 6,500 units and sales of 5,800 units, the dollar value of the ending inventory under variable costing would be: a. $9,000 b. $12,600 c. $15,300 d. $18,700

I need help solving this general accounting question with the proper methodology.