Assumes Tiger Company had 60 units in beginning Finished Goods Inventory and sold 1,200 units. Additional data includes: Units produced 1,300 units Direct materials $13 per unit Direct labor 9 per unit Variable manufacturing overhead 3 per unit Fixed manufacturing overhead 8 per unit Using absorption costing, what is the dollar amount of ending Finished Goods Inventory?

Answer rating: 100% (QA)

Calculate Total Production Cost per Unit Total cost per unit Direct materials Direct lab... View the full answer