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Golden Manufacturing produces snow shovels. The selling price per snow shovel is $ 29.00. There is no beginning inventory. Costs involved in production are: Direct

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Golden Manufacturing produces snow shovels. The selling price per snow shovel is $ 29.00. There is no beginning inventory. Costs involved in production are: Direct material Direct labor $ 4.00 4.00 2.00 Variable manufacturing overhead Total variable manufacturing costs per unit $10.00 Fixed manufacturing overhead per year $ 245,250 In addition, the company has fixed selling and administrative costs of $ 170.800 per year, During the year. Golden produces 54,500 show shovels and sells 49.310 Snow shovels. What is the value of ending inventory using full costing? Value of ending inventory $ 75,255 Exercise 5.12 What is the value of ending inventory using variable costing? Value of ending inventory

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