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Donovan Company incurred the following costs while producing 500 units: direct materials, $10 per unit; direct labor, $25 per unit; variable manufacturing overhead, $15 per
Donovan Company incurred the following costs while producing 500 units: direct materials, $10 per unit; direct labor, $25 per unit; variable manufacturing overhead, $15 per unit; total fixed manufacturing overhead costs, $10, 000; variable selling and administrative costs, $5 per unit; total fixed selling and administrative costs, $7, 500. There are no beginning inventories. What is the ending balance in Finished Goods Inventory using variable costing if 450 units are sold
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