Business, 07.10.2020 23:01 nickames202otpo7q

Uli produces stereo speakers. The selling price per pair of speakers is $1,930. There is no beginning inventory. Costs involved in production are: Direct material $162 Direct labor 210 Variable manufacturing overhead 98 Total variable manufacturing costs per unit $470 Fixed manufacturing overhead per year $679,420 In addition, the company has fixed selling and administrative costs: Fixed selling costs per year $199,000 Fixed administrative costs per year $102,500 During the year, Uli produces 1,610 pairs of speakers and sells 1,340 pairs. Exercise 5.4 Correct answer iconYour answer is correct. What is the value of ending inventory using full costing

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Uli produces stereo speakers. The selling price per pair of speakers is $1,930. There is no beginnin...