Nader, Inc. produces e-readers that it sells for $80 each. Costs involved in production are:...
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Nader, Inc. produces e-readers that it sells for $80 each. Costs involved in production are: Direct material Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year In addition, the company has selling and administrative costs: $11 per unit 15 per unit 12 per unit $448,000 Fixed selling costs per year Fixed administrative costs per year Variable selling and admin costs per year $6 per unit Value of ending inventory $175,000 $ During the year, Nader produced 28,000 readers and sold 29,400. Beginning inventory totaled 1,800 units. Assume the same unit costs in all years. What is the value of ending inventory using full costing? 75,000
In addition, the company has selling and administrative costs: During the year, Nader produced 28,000 readers and sold 29,400 . Beginning inventory totaled 1,800 units. Assume the same unit costs in all years. What is the value of ending inventory using full costing? Value of ending inventory
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