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Content Area Last year, Aubrey Company produced 317,000 units and sold 281,000 units. Beginning inventory was 0. During the period, the following costs were incurred:
Content Area Last year, Aubrey Company produced 317,000 units and sold 281,000 units. Beginning inventory was 0. During the period, the following costs were incurred: Line Item Description Amount Indirect labor (variable) $910,000 Indirect materials (variable) 560,000 Other variable manufacturing overhead 1,600,000 Fixed manufacturing overhead 2,500,000 Fixed administrative expenses 860,000 Fixed selling expenses 340,000 Variable selling expenses, per unit 44 Direct labor, per unit 55 Direct materials, per unit 28 Round any intermediate calculations to two decimal places. Round your answers to the nearest dollar. A. Compute the dollar amount of ending inventory using the Absorption costing. fill in the blank 1 of 2$ B. Compute the dollar amount of ending inventory using the Variable costing. fill in the blank 2 of 2$
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