What is the ending finished goods inventory

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Question - Criselda, Ltd. manufactures a single product. During the year, 80,000 units were sold for $650, while 88,000 units were produced. Their cost structure was:

-Variable Manufacturing Cost per unit: $159

-Variable Selling and Administrative cost per unit: $66

-Fixed Manufacturing Cost, Total: $10,453,000

-Fixed Selling and Administrative Costs, Total: $7,123,000

What is the ending finished goods inventory under variable costing?

A. $950,273 less than under absorption costing.

B. $1,272,000 less than under absorption costing.

C. $2,222,273 less than under absorption costing.

D. $1,175,545 less than under absorption costing.

E. $528,000 less than under absorption costing.

Reference no: EM132950151

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