calculate ending inventory (variable) ($)
calculate operating income (absorption) ($)
calculate operating income (variable) ($)
calculate total assets (absorption) ($)
calculate total assets (variable) ($)

answer questions below, given the following information X-Corp is evaluating use of absorption and variable costing X-Corp uses trade receivables and payables in its business In a period with beginning inventory, assume first in first out (FIFO) In a period with beginning inventory, assume prior period unit cost consistent with current period unit cost You have been assigned to cost v9e v9a v9b v9c v9d v9e Sales price $100 $5 $3 $2 $10 $5 $10 $100 $5 $3 $2 $10 $5 $10 $100 $5 $3 $2 $10 $5 $10 $100 $5 $3 $2 $10 $5 $10 $100 $5 $3 $2 $10 $5 $10 unit Material unit Labor unit Var. Overhead unit Fixed Overhead total unit Var. Marketing (slotting fee) Fixed Marketing total Beg. Inventory Production units 1 1 2 units 1 1 2 1 1 Sold units 1 1 2 End. Inventory units 1 1 1