In the Klein Company, 50,000 units are produced and 40,000 units are sold. Variable manufacturing costs per unit are $8 and fixed manufacturing costs are $160,000. The cost of the ending finished goods inventory under each costing approach is:
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in the klein company 50 000 units are produced and 40 000 units are sold variable ma 618758
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Variable |
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Costing |
Costing |
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a |
$112,000 |
$ 80,000 |
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b. |
112:000 |
‘100,000 |
|
c. |
120:000 |
80,000 |
|
d. |
120,000 |
‘100,000 |
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