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A company produces a single product. Variable production costs are $12.10 per unit and variable...

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Accounting

A company produces a single product. Variable production costs are $12.10 per unit and variable selling and administrative expenses are $3.10 per unit. Fixed manufacturing overhead totals $37,000 and fixed selling and administration expenses total $41,000. Assuming a beginning inventory of zero, production of 4,100 units and sales of 3,650 units, the dollar value of the ending inventory under variable costing would be:

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