Answer:
Inventory= $238,000
Explanation:
Giving the following information:
Direct materials, $7 per unit
Direct labor, $5 per unit
Variable overhead, $6 per unit
Fixed overhead, $270,000.
The company produced 27,000 units, and sold 18,500 units, leaving 8,500 units in inventory at year-end.
Unitary fixed overhead= 270,000/27,000= $10 per unit
Total unitary cost= 7+5+6+10= $28
Inventory= 28*8500= $238,000
