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ID: 2566355 • Letter: M

Question

mentMa .a&invoker-assignments;&takeAssignmentSessionLocator-assignment-take8tinprogress-false; eBook Video Calculator ing the most recent year, Judson Company had the following data associated with the product it makes: Units in beginning inventory Units produced Units sold ($300 per unit) Variable costs per unit: 300 14,000 12,700 Direct materials Direct labor Variable overhead $20 $60 $11 Fixed costs Fixed overhead per unit produced $30 Fixed selling and administrative $140,000 Required 1. How many units are in ending inventory? 1,6001 units 2. Using variable costing, calculate the per-unit product cost. per unit 3. What is the value of ending inventory under variable costing? Check My Work

Explanation / Answer

Product cost-Variable costing Direct Material $20 Direct Labor $60 Varaible overhead $11 Product cost per unit $91 ans 2 ans 3 value of ending inventory under variable costing 1600*91 145600 If satisfied you can rate the answer.