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The Southern Corporation manufactures a single product and has the following cost structure: 33 Variable costs per unit: Production Selling and administrative Fixed costs per

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The Southern Corporation manufactures a single product and has the following cost structure: 33 Variable costs per unit: Production Selling and administrative Fixed costs per year: $ 16 Production $129,010 $110,950 Selling and administrative Last year, 6,790 units were produced and 6,490 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be: Multiple Choice the same as absorption costing O $6,490 greater than under absorption costing O $6,490 less than under absorption costing. O $5,700 less than under absorption costing

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