Question
For the month ended October 31 st , there are no finished goods or work in process inventories at the beginning of the month for
For the month ended October 31st, there are no finished goods or work in process inventories at the beginning of the month for the Fleetfoot Company.
| Net sales | $8,400 |
| Product costs: |
|
| Variable | 3,780 |
| Fixed | 1,890 |
| Selling and Administrative costs: |
|
| Variable | 588 |
| Fixed | 840 |
| Units manufactured | 210 |
| Units sold | 180 |
What is the value of ending inventory under variable costing?
| A. | $810 | |
| B. | $624 | |
| C. | $540 | |
| D. | $1,014 |
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Managerial Accounting
Authors: McGraw Hill Education
14th Edition
1121182518, 978-1121182516
