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Business, 08.01.2020 23:31 ryansterling200
Inventory valuation under variable costing
during the most recent year, judson company had the following data associated with the product it makes:
units in beginning inventory 300
units produced 15,000
units sold ($300 per unit) 12,700
variable costs per unit:
direct materials $20
direct labor $60
variable overhead $12
fixed costs:
fixed overhead per unit produced $30
fixed selling and administrative $140,000
required:
1. how many units are in ending inventory?
$ units
2. using variable costing, calculate the per-unit product cost.
$
3. what is the value of ending inventory under variable costing?
$
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Inventory valuation under variable costing
during the most recent year, judson company h...
during the most recent year, judson company h...
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