23. A company produces a single product. Variable production costs are $21 per unit an variable selling and administrative expenses are $4 per unit. Fixed manufacturing overnhead o $30,000 and fixed selling and administration expenses total $36,000. Assuming a beginning inventory of zero, production of 6,000 units and sales of 5,600 units, the dollar value of the ending inventory under variable costing would be A) $10,000 B) $8,400 C) $12,000 D) $14,400 24. All of Gaylord Corporation's sales are on account. Thirty-five percent of the sales on are collected in the month of sale, 45% in the month following sale, and the remainder are collected in the second month following sale. The following are budgeted sales data for the company: account April January February March S50,000 $60,000 Total sales What is the amount of cash that should be collected in March? A) $24,000 B) $37,000 C) $41,000 D) $51.000 25. Knappert Corporation makes one product and has provided the following information a. Each unit of finished goods requires 3 pounds of raw materials. The raw materials cost S5.00 per pound. b. The direct labor wage rate is $24.00 per hour. labor-hours. c. Manufacturing overhead is entirely variable and is $11.00 per direct labor-hour. d- The variable selling and administrative expense per unit sold is S3.80. The fixed selling and administrative expense per month is $50,000 Each unit of finished goods requires 2.8 direct The unit product cost is closest to A) $82.20 B) $93.20 C) S30.80 D) $113.00