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The Southern Corporation manufactures a single product and has the following cost structure Variable costs per unit: Production selling and administrative Fixed costs per year
The Southern Corporation manufactures a single product and has the following cost structure Variable costs per unit: Production selling and administrative Fixed costs per year Production Selling and administrative $217,212 $195,59 Last year 7 490 units were produced and 7-390 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 a $2,900 less than under absorption costing b. $7.390 less than under absorption costing e c. $7,390 greater than under absorption costing d. The same as under absorption costing
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