Solution-What the ending inventory for the year would be

What the ending inventory for the year would be valued at

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Sales totaled $1,161,600 for the year, variable selling and administrative expenses totaled $139,920, and fixed selling and administrative expenses totaled $225,567. There was no beginning inventory. Assume that direct labor is a variable cost.

Problem 1: Under absorption costing, the ending inventory for the year would be valued at

Reference no: EM132731372

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What the ending inventory for the year would be valued at

Reference no: EM132731372

Reference no: EM132731372

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