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A company produces a single product. Variable productions costs are $13.50 per unit and variable selling and administrative expense are $4.5 per unit. Fixed Manufacturing Overhead totals $51,000 and fixed and administration expenses total $55,000. Assuming a beginning inventory of zero , production of 5,000 units and sales of 4,350 units, the dollar value of the ending inventory under variable costing would be__________?
a)15,525 b)25,875 c)20,700 d)10,350
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