Chapter 11, Problem 70RSCQ

Financial Accounting question solve do fast

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

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What is the labor rate variance? Accounting

Subject = general accounting

Cost per unit is?

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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.