Figure 8-8. Steele Corporation has the following information for January February, and March 2010 Units produced Units sold January 10,000 7.000 10.000 8.500 March 10,000 10.500 Production costs per unit based on 10.000 units) are as follows: 6 Direct materials Direct labor 512 Variable factory overhead Foxed factory overhead Variable selling and admin, expenses Fooed selling and admin. expenses There were no beginning inventories for January 2010. and all units were sold for $50. Costs are stable over the three months. Refer to Figure 8-8. What is the January ending inventory for Steele Corporation using the variable costing method? 5260,000 $78,000 $108.000 590.000 Click Save and Submit to save and submit. Click Save All Amers to save all annen Type here to search O ii hop a 2 3 % 5 4 6 7 8 9 W E R T Y U A S D F G L I z xlL c. ll v IN B N M QUESTION 27 Figure 8-4 The following information pertains to Mayberry Corporation: Beginning inventory Ending inventory Direct labor per unit Direct materials per unit Variable overhead per unit Fixed overhead per unit Variable selling and admin. costs per unit Fixed selling and admin.costs per unit 1,000 units 6.000 units $40 20 10 30 6 14 variable costing net income. Refer to Figure 8-4. Absorption costing net income would be 5150.000 greater than $150,000 less than $240.000 less than $240.000 greater than QUESTION 28 Chick Save and Submit to save and submit. Click Save All Arcent to save all answers