Question 2 Potter and Weasley Co. produces and sells designer cloaks. It has provided the following data concerning its most recent month of operations Selling Price $126 Units in Beginning Inventory Units Produced 8.700 Units Sold 8,400 Units in Ending Inventory 300 Variable Costs per Unit Direct Materials $30 Direct Labor $38 Variable Manufacturin Overhead $3 Unang Theory 300 Variable Costs per Unit Direct Materials $30 Direct Labor $38 Variable Manufacturing Overhead $3 Variable Selling and Administrative $17 Foxed Costs Fixed Manufacturing Overhead $147.900 Ford Selling and Administrative $223.800 What total amount of cost would have been assigned to the finished goods inventory under the absorption costing method? $24.500 $26.400 529.700 $12.620