Octagonal Company has the following information for 2014: 
There were no beginning inventories.
What is the cost of ending inventory for Octagonal using the variable costing method?
Definitions:
Par Value
The stated value of a share of stock or a bond, set at the time of its issuance, and used to determine its trading value.
Par Common Stock
The face value of a share of common stock as specified in the corporate charter.
Purchase Price
The total cost incurred to acquire an asset, including the price of the asset itself along with any additional costs necessary to bring the asset to a usable state.
Treasury Stock
Stock that has been bought back by the issuing company, reducing the amount of outstanding stock on the open market.
Q8: A marker or card that specifies the
Q10: Which of the following costs would NOT
Q14: Figure 2-11 Information from the records of
Q16: Inventory balances for Spiritlight Ventures for November
Q18: The break-even point is the point where
Q68: The market share and market size variances
Q77: Committed resources are acquired in advance of
Q94: The cost of acquiring activity capacity is(are)<br>A)
Q114: Figure 18-1 The Lancashire Corporation manufactures bottled
Q141: Discuss the limitation of profit measurement.