Q11

Multiple Choice O $90,000 $150,000 $60,000 $220,000 $310.000 During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials. $6 per unit, Direct labor $4 per unit Variable overhead, $5 per unit, and Fixed overhead $220,000. The company produced 22.000 units, and sold 16,000 units, leaving 6,000 units in inventory at year end. What is the value of ending inventory under absorption costing