Denver Office Equipment manufactures and sells metal shelving. It began operations on

$($Click the icon to view the costs incurred during $2020.)$

Revenues in $2020$ were $$418,600.$ The selling price per unit and the purchase price per $p$

inventory of finished goods is carried at the average unit manufacturing cost for $2020.$ Fin

Read the requirements.

Now select the labels used to calculate ending finished goods inventory in total units, the

intermediary calculations to the nearest cent. Abbreviations used: $DM=$ direct materials,

End finished goods in $

Manufacturing cost per unit

Ending fir

$=$

invento

Data table

Costs incurred for $2020$ are as follows $($V stands for variable; $F$ stands

for fixed$)$:

Direct materials used

$$140,000V$

Direct manufacturing labor costs

$$26,000V$

Plant energy costs

$$6,000V$

Indirect manufacturing labor costs

$$10,000V$

Indirect manufacturing labor costs

$$20,000F$

Other indirect manufacturing costs

$$11,000V$

Other indirect manufacturing costs

$$20,000F$

Marketing, distribution, and customer$-$service costs

$$129,000V$

Marketing, distribution, and customer$-$service costs

$$48,000F$

Administrative costs

$$51,000F$

Variable manufacturing costs are variable with respect to units produced.

Variable marketing, distribution, and customer$-$service costs are variable with

respect to units sold.