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  3. a company produces a single product. variable prod

A company produces a single product. Variable production costs are $21 per unit and variable...

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Accounting

A company produces a single product. Variable production costs are $21 per unit and variable selling and administrative expenses are $4 per unit. Fixed manufacturing overhead totals $30,000 and fixed selling and administration expenses total $36,000. Assuming a beginning inventory of zero, production of 6,000 units and sales of 5,600 units, the dollar value of the ending inventory under variable costing would be:
Columbia Corporation produces a single product. The company's variable costing income statement for November appears below:
\table[[\table[[Columbia Corporation],[Income Statement],[For the Month ended November 30]],],[Sales ( $15 per unit),$600,000
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