During the most recent year, Hampton Company had the following data associated with the product it makes:

Required

1.?How many units are in ending inventory?2. Using variable costing, calculate the per-unit product cost.3. What is the value of ending inventory under variable costing?

Transcribed Image Text:

Units in beginning inventory Units produced Units sold ($350 per unit) Variable costs per unit: Direct materials 550 10,000 9,800 $27 Direct labour $95 Variable overhead $15 Fixed costs: Fixed overhead per unit produced Fixed selling and administrative $35 $120,000