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Rainbow [258]
3 years ago
7

There is a tenants' meeting in an apartment complex. Who goes to that meeting?

Business
1 answer:
jarptica [38.1K]3 years ago
4 0
The tenants go to the meeting
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A company produces a single product. Variable production costs are $12.50 per unit and variable selling and administrative expen
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Answer:

value of ending inventory under variable production is $104375

Explanation:

given data

Variable production costs = $12.50 per unit

variable selling and administrative expenses = $3.50 per unit

Fixed manufacturing overhead totals = $41,000

Fixed selling and administration expenses total = $45,000

production = 4,500 units

sales = 3,850 units

to find out

the dollar value of the ending inventory under variable costing would be

solution

we find here ending inventory that is express as

ending inventory = production - sale

ending inventory = 4500 - 3850

ending inventory = 8350

so

variable production cost of 8350 units are

variable production cost = 8350 × $12.50

variable production cost = $104375

so value of ending inventory under variable production is $104375

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