absorption and variable inventory

Project Description:

springbrook company produced 30,000 units and sold 28,000 units during the current fiscal period. beginning inventory was zero. during the period, the following costs were incurred:

direct labor per unit $100
direct materials per unit 25
variable selling expense per unit 40
fixed administrative expenses 150,000
fixed manufacturing overhead 180,000
fixed selling expenses 120,000
indirect labor (all variable) 60,000
indirect materials (all variable) 30,000
other variable overhead 90,000

required: compute the dollar amount of ending inventory using (a) absorption costing and (b) variable costing.
Skills Required:
Project Stats:

Price Type: Negotiable

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Total Proposals: 7
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