Belle Company reports the following information for the cent year All beginning inventory aunque 50 ms yo Unite produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 55,000 units 33,000 19 per unit 13 per unit 343,750 in total Bele Company's product is sold for $71 per unt a Variable selling and administrative expense $2 perc adminstrative is $270.000 per year Compute the net income under variable conting fed selling and $17000 Prev 40 company provided the following direct materials cost information. Compute the direct materials price variance Standard costs assigned: Direct materials standard cost (407,000 units $3.90/unit) $1,587,300 Actual costs: Direct materials costs incurred (405.950 units $4.00/unit) 51,623,800 Mule Choice $40.700 Favorable $1587300 Fa $40.595 Belle Company reports the following information for the cument year. All beginning inventory amounts equaled 50 this year units produced this year Units sold this year Direct materiale Direct labor Variable overhead Fixed overhead 10,000 unite 6,000 units $10 per unit $12 per unit $3 per unit $40,000 in total Given Belle Company's dets, compute cost of finished goods in inventory under con $100.000 $390,000