A company produces a single product. Variable production costs are 13.4 per unit and variable...
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Accounting
A company produces a single product. Variable production costs are 13.4 per unit and variable selling and administrative expenses are 4.40 per unit. Fixed manufacturing overhead totals 50,000 and fixed selling and administration expenses total 54,000. Assuming a beginning inventory of zero, production of 5,400 units and sales of 4,300 units, the dollar value of the ending inventory under variable costing would be:
A. 14,740
B. 24,640
C. 19,580
D. 9,900
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