Last Year, Fabre Company Produced 20,000 Units and Sold 18,000

question 153

Multiple Choice

Last year, Fabre Company produced 20,000 units and sold 18,000 units at a price of $12.Costs for last year were as follows: ​
Assuming that beginning inventory was zero, what is the value of ending inventory under variable costing?

• A) $3,300
• B) $2,500
• C) $5,000
• D) $3,720
• E) $7,200

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