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Duffy DogManufacturing produces snow shovels. The selling price per snow shovel is $31.00. There is no beginning inventory. In addition, the company has fixed selling

Duffy DogManufacturing produces snow shovels. The selling price per snow shovel is $31.00. There is no beginning inventory.

In addition, the company has fixed selling and administrative costs of $155,200per year.

During the year,Duffy Dogproduces54,000snow shovels and sells48,780snow shovels.

What is the value of ending inventory using full costing?

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Duffy Dog Manufacturing produces snow shovels. The selling price per snow shovel is $31.00. There is no beginning inventory. Costs involved in production are: Direct material $5.00 Direct labor 3.00 Variable manufacturing overhead 2.00 Total variable manufacturing costs per unit $10.00 Fixed manufacturing overhead per year $259,200 In addition, the company has xed selling and administrative costs of $155,200 per year. During the year. Duffy Dog produces 54.000 snow shovels and sells 48.?30 snow shovels. Exercise 5.11 What is the value of ending inventory usingfull costing? Value of ending inventory $

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