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A copy produces a single product. Variable production costs are $12.1 per unit and variable selling and administration expenses are #3.1 per unit. Fixed manufacturing
A copy produces a single product. Variable production costs are $12.1 per unit and variable selling and administration expenses are #3.1 per unit. Fixed manufacturing overhead costs are #37,000 and fixed selling and administration expenses total $41,000. Assuming a beginning inventory of 0, production of 4,100 units and sales of 3,650 units, the dollar of the value of the ending inventory under variable costing would be
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