Please do not use ChatGPT for the response!!! I posted this same question previously and was fed same BS answers with erronous calculations, which is of no help...

The question is: The company sells golf clubs for 23 eur each. During March, 28995 pcs were sold and 29055 pcs were produced.

In the beginning of March the Inventory value was 0. For the month March the following information is available:

Direct work in minutes per golf club: 15

Fixed sales and administration costs: 41000

Fixed manufacturing costs: 135000

Direct materials per golf club: 2

Direct work costs per hour: 24

Variable manufacturing costs per golf club: 4

Variable sales costs per sold golf club: 2

1. The value of the stock of finished products at the end of March when using variable costing?

2. The value of the stock of finished products at the end of March when using absorption costing?

3. What is the Operating result for March when using variable costing?

4. What is the Operating result for March when using absorption costing?