Current Attempt in Progress

Wildhorse Company produced $8,600$ units during the past year, but only $8,200$ of the units were sold. The following additional

information is also available.

There was no work in process inventory at the beginning and end of the year, nor did Wildhorse have any beginning finished goods

inventory.

$($a$)$

What would be Wildhorse Company's finished goods inventory cost on December $31$ under variable costing? $($Round intermediate

calculations to $2$ decimal places e$.$g$.10\mathrm{.}25$ and final answer to $0$ decimal places, e$.$g$.2,510.)$

Finished goods inventory cost $

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$10\%$ score reduction after attempt $2$

$($b$)$

Which costing method, absorption or variable costing, would show a higher net income for the year? By what amount? $($Round

intermediate calculations to $2$ decimal places e$.$g$.10\mathrm{.}25$ and final answer to $0$ decimal places, e$.$g$.2,510.)$

method would show a higher net income by $

eTextbook and Media

Attempts: $0$ of $3$ used

Using multiple attempts will impact your score.

$10\%$ score reduction after attempt $2$