Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company produces a single product.. variable pro

A company produces a single product.. Variable production costs are $12.5 per unit and variable...

80.2K

Verified Solution

Question

Accounting

A company produces a single product.. Variable production costs are $12.5 per unit and variable selling and administrative expenses are $3.5 per unit. Fixed manufacturing overhead totals $41000 and fixed selling and administration expenses total $45000. Assuming a beginning inventory of zero, production of 4500 units and sales of 3850 units, the dollar value of the ending inventory under variable costing would be? a) $8125 b) $13975 c) $10400 d) $5850

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1- How do the following legal principles impact MNC operations:the principle of sovereignty, the...

Accounting
Q

In 2012 the General Social Survey asked 840 adults how many years of education they had....

Statistics
Q

Sulfuryl chloride,SO2Cl2,a compound with very irritating vapors, is used as a reagent in the synthesis of...

Chemistry
Q

What are the major differences among the three methods for the evaluation of the accuracy of...

Basic Math
Q

Fill in the blanks by choosing the correct option to complete the concepts of tonicity...

Biology
Q

The civilian labor force consists of all individuals sixteen or older Owho are employed or...

Biology
Q

Required information [The following information applies to the questions displayed below.] Company A sold 100...

Accounting
Q

4) How much money will be in a bank account at the end of 15...

Accounting
Q

How do I solve for Retained Earnings? Great Adventures Problem AP10-1 (GL) Tony...

Accounting
Q

Kristin Malone opened Kristins Maids Cleaning Service on July 1, 2017. During July, the company...

Accounting
Q

True or False? Brown Corporation reports $100,000 of gain from the sale of land...

Accounting
Q

Youve collected the following information from your favorite financial website. 52-Week Price...

Finance