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The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods inventory in units 0 Units produced 7,000
The following information is available for Barnes Company for the fiscal year ended December 31:
| Beginning finished goods inventory in units | 0 | ||
| Units produced | 7,000 | ||
| Units sold | 5,100 | ||
| Sales | $ | 663,000 | |
| Materials cost | $ | 140,000 | |
| Variable conversion cost used | $ | 70,000 | |
| Fixed manufacturing cost | $ | 490,000 | |
| Indirect operating costs (fixed) | $ | 102,000 | |
The variable costing ending inventory is:
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