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Business, 02.10.2019 01:30 rebeccathecatt

Amanufacturer reports the following costs to produce 28,000 units in its first year of operations: direct materials, $28 per unit, direct labor, $24 per unit, variable overhead, $280,000, and fixed overhead, $364,000. of the 28,000 units produced, 27,000 were sold, and 1,000 remain in inventory at year-end. under absorption costing, the value of the inventory is:

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