Home Dcor Company has the following information the current year: Selling sales price $300 per unit Variable production costs $80 per unit produced Variable selling and administrative expenses $32 per unit sold Fixed production costs $400,000 Fixed selling and administrative expenses $280,000 Units produced 20,000 units Units sold 16,000 units The company had no beginning inventories. Refer to Home Dcor Company. What is the ending Finished Goods Inventory using the absorption costing method? $80,000 $400,000 $120,000 $180,000

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The ending finished goods inventory usi... View the full answer