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Business, 30.04.2021 16:40, mitchellmarquite
The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production $ 34 Selling and administrative $ 14 Fixed costs per year: Production $170,100 Selling and administrative $139,480 Last year, 6,300 units were produced and 6,200 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be:
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