The Following Information Pertains to Mayberry Ltd What Is the Value of the Ending Inventory Using the inventory

question 6

Multiple Choice

The following information pertains to Mayberry Ltd.: $\begin{array}{lr}\text { Beginning inventory } & 1,000 \text { units } \\\text { Ending inventory } & 6,000 \text { units } \\\text { Direct labour per unit } & \pm 40 \\\text { Direct materials per unit } & 20 \\\text { Variable overhead per unit } & 10 \\\text { Fixed overhead per unit } & 30 \\\text { Variable selling and admin. costs per unit } & 6 \\\text { Fixed selling and admin. costs per unit } & 14\end{array}$ What is the value of the ending inventory using the variable costing method?

• A)£240,000
• B)£360,000
• C)£350,000
• D)£420,000

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