McFarlane, Inc. reports the following information:
Units produced 600β units
Units sold 410β...
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Business, 30.03.2021 23:00 queenbroookk
McFarlane, Inc. reports the following information:
Units produced 600β units
Units sold 410β units
Sales price $130β per unit
Direct materials $25β per unit
Direct labor $9β per unit
Variable manufacturing overhead $16β per unit
Fixed manufacturing overhead $18,300β per year
Variable selling and administrative costs $5β per unit
Fixed selling and administrative costs $12,900β per year
There are no beginning inventories. What is the ending balance in Finished Goods Inventory using variable costing?
A) $15,295
B) $6460
C) $9500
D) $10,450
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Answers: 3
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