For the Month Ended October 31^st, There Are No Finished

question 122

Multiple Choice

For the month ended October 31^st, there are no finished goods or work in process inventories at the beginning of the month for the Fleetfoot Company. Net sales $8,400
Product costs:
Variable 3,780
Fixed 1,890
Selling and Administrative costs:
Variable 588
Fixed 840
Units manufactured 210
Units sold 180
What is the value of ending inventory under variable costing?

• A)$540
• B)$624
• C)$810
• D)$1,014

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