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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: Production Selling and administrative $129, 010 $110,950 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

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