Page Manufacturing produces snow shovels. The selling price per snow shovel is $29.00. There is no beginning inventory.

Casts involved in production are: Direct material $5.00 Direct labor 5.00 Variable manufacturing overhead 2.00 Total variable manufacturing costs per unit $12.00 Fixed manufacturing overhead per year $252,000 In addition, the company has fixed selling and administrative costs of $170,400 per year. During the year, Page produces 52,500 snow shovels and sells 47,850 snow shovels. What is the value of ending inventory using full costing? Value of ending inventory 78,120 What is the value of ending inventory using variable costing? Value of ending inventory 55.800 Calculate the difference in full costing net income and variable costing net income without preparing either income statement. Difference in net income 22 320 What is cast of goods sold using full costing? Cast of goods sold 803.880 What is cast of goods sold using variable costing? Variable cost of goods sold 574.200 What is net income using full costing? Net income 295.350 enter net income in dollars How much fixed manufacturing overhead is in ending inventory under full costing?| Fixed manufacturing overhead in ending inventory Senter fixed manufacturing overhead in dollars Compare this amount to the difference in the net incomes calculated in Exercise 5-13. The amount of fixed manufacturing overhead in ending inventory under full costing is select an option the difference in net income between full costing and variable casting