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It is now expected that the variable production cost per unit a... | Filo
It is now expected that the variable production cost per unit a... | Filo
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SOLVED: A company produces a single product. Variable production costs are 12.50 per unit and variable selling and administrative expenses are3.50 per unit. Fixed manufacturing overhead totals 41,000 and fixed selling and administration expenses total45,000. Assuming a beginning inventory of zero, production of 4,500 units and sales of 3,850 units, the dollar value of the ending inventory under variable costing would be:
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