Dollar value of the ending inventory under variable costing

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Reference no: EM13819192

A company produces a single product. Variable production costs are $13.0 per unit and variable selling and administrative expenses are $4.0 per unit. Fixed manufacturing overhead totals $46,000 and fixed selling and administration expenses total $50,000. Assuming a beginning inventory of zero, production of 5,000 units and sales of 4,100 units, the dollar value of the ending inventory under variable costing would be:

a. $11,700

b. $19,800

c. $15,300

d. $8,100

Reference no: EM13819192

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