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Q8.66: March Industries produced 10,000 units of its only product during the month of April, and sold 9,000 units. They had no beginning inventory. If
Q8.66: March Industries produced 10,000 units of its only product during the month of April, and sold 9,000 units. They had no beginning inventory. If variable cost of goods sold was $270,000, and absorption cost of goods sold was $315,000, what was the value of their ending inventory under absorption costing? A $45,000 B $35,000 $50,000 D $31,500
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