Question
Dude Company incurred the following costs while producing 480 units: directmaterials, $15 perunit; directlabor, $21 perunit; variable manufacturingoverhead, $17 perunit; total fixed manufacturing overheadcosts, $7,680;
Dude Company incurred the following costs while producing 480 units: directmaterials, $15 perunit; directlabor, $21 perunit; variable manufacturingoverhead, $17 perunit; total fixed manufacturing overheadcosts, $7,680; variable selling and administrativecosts, $9 perunit; total fixed selling and administrativecosts, $4,320. There are no beginning inventories.
What is the ending balance in Finished Goods Inventory using variable costing if 420 units aresold?
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Financial Accounting
Authors: Anne Britton, Chris Waterston
5th edition
273719300, 273719304, 978-0273719304
