Assume the following information for a company that produced 10,000 units and sold 9,000 units...

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Accounting

Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations:
Per Unit Per Year
Selling price $ 200
Direct materials $ 72
Direct labor $ 50
Variable manufacturing overhead $ 10
Sales commission $ 8
Fixed manufacturing overhead $ 300,000
Using variable costing, what is the cost of the companys ending inventory?
Multiple Choice
$132,000
$162,000
$140,000
$27,000

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