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Assume the following Information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: Selling price Per Unit
Assume the following Information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: Selling price Per Unit Per Year $ 200 Direct materials $ 72 Direct labor $ 50 Variable manufacturing overhead $ 10 Sales commission $ 8 Fixed manufacturing overhead $ 300,000 Using variable costing, what is the cost of the company's ending inventory
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