Dollar value of ending inventory under variable costing

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A company produces a single product. Variable production costs are $13.8 per unit and variable selling and administrative expenses are $4.8 per unit. Fixed manufacturing overhead totals $54,000 and fixed selling and administration expenses total $58,000. Assuming a beginning inventory of zero, production of 5,800 units and sales of 4,500 units, the dollar value of the ending inventory under variable costing would be:

$17,940

$29,640

$24,180

$11,700

Reference no: EM13850114

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