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Business, 13.02.2020 22:19 cardsqueen

Indigo Co. made 4,000 units of a product during its first year of operations and sold 3,000 units for $652,400. There was no ending work-in-process inventory. Total costs were $642,000, consisting of the following:
Direct materials and direct labour $270,000
Manufacturing overhead (45% fixed) 210,000
Selling and administrative 162,000
Calculate the cost of 1,000 units of finished goods ending inventory under actual variable costing.

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Indigo Co. made 4,000 units of a product during its first year of operations and sold 3,000 units fo...

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