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The following information pertains to Jack 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 Jack Corporation:
Beginning Inventory
1,000
units
Ending Inventory
10,000
units
Direct labor per unit
$13
Direct materials per unit
5
Fixed overhead per unit
7
Fixed SG&A costs per unit
5
Variable overhead per unit
2
Variable SG&A costs per unit
1
What is the value of the ending inventory using the variable costing method?
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