Is it possible for a teen to create a multi-million dollar enterprise? If so, how do you make it happen? If not, why is not poss
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Answer:
Ending Inventory will be valued at $171,604
Explanation:
Your question was incomplete, I have attached the full question as an image below.
Ending Inventory = Total manufacturing cost × Ending Inventory / Units Manufactured
where,
<u>Total Manufacturing Cost Calculation :</u>
Direct materials $266,304
Direct labor $157,680
Variable manufacturing overhead $297,840
Fixed manufacturing overhead $385,440
Total Manufacturing Cost $1,107,264
Ending Inventory = $1,107,264 × (35,040 units - 29,600 units) / 35,040 units
= $171,604
Therefore, ending Inventory will be valued at $171,604
