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Pronghorn sells its product for $78 per unit. During 202.5, it produced 121300 units and sold 106100 units. Costs per unit are: direct materlals $24,
Pronghorn sells its product for $78 per unit. During 202.5, it produced 121300 units and sold 106100 units. Costs per unit are: direct materlals $24, direct labor $9, varlable overhead $4, and varlable operating expenses $2. Fixed costs are $970400 manufacturing overhead, and $77500 operating expenses. Assuming no varlances were reported, no beginning inventory exists, and the company uses absorption costing, what will be reported as the ending invent ory value? $684000 $562400 $714400. $592800
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