Reference no: EM132950151
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.
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