ersations Confirmation octo G Google morphology pt.2.. G CHAMPSSSS G PEYS SIGN rbie | BARBIE FONTO Jiambalvo, Managerial Accounting, 6e DURCES by Study Question 1 Runner Manufacturing produces snow shovels. The selling price per snow shovel is $28.00. There is no beginning inventory. Costs involved in production are: Direct material $4.00 Direct labor 3.00 Variable manufacturing overhead 3.00 Total variable manufacturing costs per unit $10.00 Fixed manufacturing overhead per year $142,800 In addition, the company has foved selling and administrative costs of $161,400 per year. During the year, Runner produces 51,000 snow shovels and sells 46,260 Snow shovels. Exercise 5-11 Your answer is incorrect. What is the value of ending inventory using full conting? Value of ending inventory 47400 SHOW ANSWER Attempt Yotist loentiox Dichotomok 11 MacBook Pro esc 80 @ $ % 5 & 7 8 9 1 2 6 3 4 W Q E R Y T U n G H. JK