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Carrolton Inc. manufactured 6,000 units of products during this month, and sold 4,000 unitu of products. The price of this product is $500. There is
Carrolton Inc. manufactured 6,000 units of products during this month, and sold 4,000 unitu of products. The price of this product is $500. There is no beginning balance in Finished Goods Inventory. Following data have been summarized: per Direct Materials $150 unit per $80 unit per $20 unit Direct Labor Variable manufacturing Overhead Fixed manufacturing Overhead Fixed S&A costs $120,000 $116,000 What is Finished Goods Inventory ending Balance (Based on Absorption Costing System)
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