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For 2018, Ginger Inc., had sales of 80,000 units and production of 100,000 units. Other information for the year included: Direct manufacturing labor Variable manufacturing
For 2018, Ginger Inc., had sales of 80,000 units and production of 100,000 units. Other information for the year included: Direct manufacturing labor Variable manufacturing overhead Direct materials Variable selling expenses Fixed administrative expenses Fixed manufacturing overhead $190.500 110,000 175,000 100,000 100,000 250.000 There was no beginning inventory. Required: a Compute the ending finished goods inventory under both absorption and variable costing. b. Compute the cost of goods sold under both absorption and variable costing
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