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#6 Ch 19 What am I doing incorrectly? Show your work and the...

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Accounting

#6 Ch 19
What am I doing incorrectly? Show your work and the work to find the correct answer.
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[The following information applies to the questions displayed below.]
Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company produced 7,650 rackets
and sold 5,730. Each racket was sold at a price of $90. Fixed overhead costs are $99,450 per year, and fixed selling and
administrative costs are $68,600 per year. The company also reports the following per unit variable costs for the year.
Compute the cost of ending finished goods inventory reported on the balance sheet using absorption costing.
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