Business, 11.04.2020 03:48, milkshakegrande101
A manufacturer reports the following costs to produce 10,000 units in its first year of operations: Direct materials, $10 per unit, Direct labor, $6 per unit, Variable overhead, $70,000, and Fixed overhead, $120,000. Of the 10,000 units produced, 9,200 were sold, and 800 remain in inventory at year-end. Under absorption costing, the value of the inventory is:
A. 12,800
B. 18,400
C. 28,000
D. 22,400
E. 13,600
Answers: 3
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