10) Selected information concerning the operations of a company for the year ended December 31 is as follows: Units produced Units sold Direct materials used Direct labor incurred Fixed factory overhead Variable factory overhead Fixed selling and administrative expenses 20,000 18,000 $80,000 $40,000 $50,000 $24,000 $60,000 Variable selling and administrative expenses $9,000 Work-in-process inventories at the beginning and end of the year were zero. What was the company's finished goods inventory cost at December 31 under the variable costing method? A. $14,400 B. $17,000 C. $23,900 D. $19,400

10) Selected information concerning the operations of a company for the year ended December 31 is as follows: Variable selling and administrative expenses $9,000 Work-in-process inventories at the beginning and end of the year were zero. What was the company's finished goods inventory cost at December 31 under the variable costing method? A. $14,400 B. $17,000 C. $23,900 D. $19,400