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The Following Information Pertains to Cumberland Corporation What Is the Value of Ending Inventory Using the Absorption

question 94

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The following information pertains to Cumberland Corporation:  Beginning inventory 0 units  Ending inventory 6,000 units  Direct labor per unit $20 Direct materials per unit 16 Variable overhead per unit 4 Fixed overhead per unit 10 Variable selling costs per unit 12 Fixed selling costs per unit 16\begin{array} { l r } \text { Beginning inventory } & 0 \text { units } \\\text { Ending inventory } & 6,000 \text { units } \\\text { Direct labor per unit } & \$ 20 \\\text { Direct materials per unit } & 16 \\\text { Variable overhead per unit } & 4 \\\text { Fixed overhead per unit } & 10 \\\text { Variable selling costs per unit } & 12 \\\text { Fixed selling costs per unit } & 16\end{array} What is the value of ending inventory using the absorption costing method?


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