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Nute Corporation
the Following Information Pertains to Nute Corporation (The

question 45

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Nute Corporation
The following information pertains to Nute Corporation (the per unit amounts apply to all years) :  Beginning inventory 1,000 units  Ending Finished Goods Inventory 6,000 units  Direct labour per unit $40 Direct materials per unit 20 Variable manufacturing overhead per unit 10 Fixed manufacturing overhead per unit 30 Variable selling and administrative costs per unit 6 Fixed selling and administrative costs per unit 14\begin{array} { l l } \text { Beginning inventory } & 1,000 \text { units } \\\text { Ending Finished Goods Inventory } & 6,000 \text { units } \\\text { Direct labour per unit } & \$ 40 \\\text { Direct materials per unit } & 20 \\\text { Variable manufacturing overhead per unit } & 10 \\\text { Fixed manufacturing overhead per unit } & 30 \\\text { Variable selling and administrative costs per unit } & 6 \\\text { Fixed selling and administrative costs per unit } & 14\end{array}
-Refer to Nute Corporation. What is the value of the ending Finished Goods Inventory using the absorption costing method?


Definitions:

Communication Competency

The ability to effectively convey, receive, and interpret messages and information through verbal, nonverbal, and written expressions.

Routinely Ignored

Describes something that is consistently overlooked or neglected, often due to habitual inattention.

Undermined

Weakened or damaged, typically in a gradual or subtle way.

Overpaid

Receiving compensation that exceeds the perceived value or market worth of one's work or role.

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