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The Southern Corporation manufactures a single product and has the structure Variable costs per unit Production $38 Selling and administrative $14 Foed costs per year

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The Southern Corporation manufactures a single product and has the structure Variable costs per unit Production $38 Selling and administrative $14 Foed costs per year Production $140,000 Seling and administrative $84,000 Last year, 7.000 units were produced and 6,800 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 the same as absorption costing 04.000 less than under absorption costing $6.500 less than under absorption costing $4.800 pyreater than under absorption costing

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