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Freeman Corporation manufactures a single product that had the following cost structure this year: Variable Manufacturing Cost per unit: $67 Variable Selling and Administrative cost
Freeman Corporation manufactures a single product that had the following cost structure this year: Variable Manufacturing Cost per unit: $67 Variable Selling and Administrative cost per unit: $36 Fixed Manufacturing Cost, Total: $4,667,000 Fixed Selling and Administrative Costs, Total: $2,262,000 They sold 57,000 units for $293 each during the year, and produced 64,000 units. What is the ending finished goods inventory under variable costing? Select one: O A. $510,453 less than under absorption costing. O B. $252,000 greater than under absorption costing. O C. $469,000 less than under absorption costing. O D. $247,406 less than under absorption costing. O E. $499,406 less than under absorption costing
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