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The Southern Corporation manufactures a single product and has the following cost structure: 34 14 Variable costs per unit: Production Selling and administrative Fixed costs
The Southern Corporation manufactures a single product and has the following cost structure: 34 14 Variable costs per unit: Production Selling and administrative Fixed costs per year: Production Selling and administrative $ 170,100 $139,480 Last year, 6,300 units were produced and 6,150 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
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