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The following information pertains to Hamilton Corporation: Beginning Inventory 1,000 units Ending Inventory 10,000 units Direct labor per unit $13 Direct materials per unit 5
The following information pertains to Hamilton Corporation:
| Beginning Inventory | 1,000 | units |
| Ending Inventory | 10,000 | units |
| Direct labor per unit | $13 |
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| Direct materials per unit | 5 |
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| Fixed overhead per unit | 7 |
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| Fixed SG&A costs per unit | 5 |
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| Variable overhead per unit | 2 |
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| Variable SG&A costs per unit | 1 |
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| What is the value of the ending inventory using the absorption costing method? |
| A. | $270,000 | |
| B. | $240,000 | |
| C. | $343,000 | |
| D. | $290,000 |
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