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Relationship between carrying value of finished goods inventory at the end of 2019 under variable costing as opposed to under absorption costing? Question 8 2

Relationship between carrying value of finished goods inventory at the end of 2019 under variable costing as opposed to under absorption costing?

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Question 8 2 pts The Pacific Company manufactures a single product. its cost structure, which has remained constant for the last 3 years, is as follows: Variable cost per unit Production $43 Selling and Administrative $15 Fixed Costs in Total Production $145,000 Selling and Administrative $95,000 5,000 units were produced and 4,800 units were sold during 2019. There were no beginning inventories. Which of the following would best describe the relationship between the carrying value of the finished goods inventory at the end of 2019 under variable costing as opposed to under absorption costing? $8,800 less than under absorption costing. $5,800 more than under absorption costing. $5,800 less than under absorption costing. none of the others is correct $8,800 more than under absorption costing

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