A company produces a single product variable production


A company produces a single product. Variable production costs are $13.6 per unit and variable selling and administrative expenses are $4.6 per unit. Fixed manufacturing overhead totals $52,000 and fixed selling and administration expenses total $56,000. Assuming a beginning inventory of zero, production of 5,600 units and sales of 4,400 units, the dollar value of the ending inventory under variable costing would be:

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A company produces a single product variable production
Reference No:- TGS0983858

Expected delivery within 24 Hours