A Company Produces a Single Product

question 221

Multiple Choice

A company produces a single product. Variable production costs are $12 per unit and variable selling and administrative expenses are $3 per unit. Fixed manufacturing overhead totals $36,000 and fixed selling and administration expenses total $40,000. Assuming a beginning inventory of zero, production of 4,000 units and sales of 3,600 units, the dollar value of the ending inventory under variable costing would be:

• A)$4,800
• B)$8,400
• C)$6,000
• D)$3,600

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Definitions:

Email Messages

Electronic communications sent over the internet, used for personal, academic, or professional correspondence.

Security Concerns

Issues or challenges related to the protection of information, assets, and individuals from theft, damage, or unauthorized access.

Business Messages

Communication conveyed within or outside a company, serving professional or commercial purposes.

Constant Interruptions

Frequent and repeated disturbances that disrupt the flow of work or communication, hindering focus and productivity.