kx E21-19 (similar to) :3 Question Help In May 2018, ExerAde produced 11,000 cases of powdered drink mix and sold 13,000 cases, of which 2,000 were produced in April. The sales price was $30, variable costs were $13 per case ($10 manufacturing and $3 selling and administrative), and total fixed costs were $75,000 ($55,000 manufacturing and $20,000 selling and administrative) Read the requirements. $ 390,000 ExerAde Income Statement (Variable Costing) Month Ended May 31, 2018 Net Sales Revenue Variable Costs: Variable Manufacturing Costs $ 130,000 Variable Selling and Administrative Costs 39,000 Contribution Margin Fixed Costs: Fixed Manufacturing Costs 55,000 Fixed Selling and Administrative Costs 20,000 169,000 221,000 75,000 $ 146,000 Operating Income Requirement 2. Determine the balance in Finished Goods Inventory as of May 31. (Enter a "0" for any zero amounts.) The finished goods inventory as of May 31, 2018 is $ . Enter any number in the edit fields and then click Check