Bondware Inc., has a highly automated assembly line that uses very little direct labor. Therefore, direct...

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Bondware Inc., has a highly automated assembly line that uses very little direct labor. Therefore, direct labor is part of variable overhead. For March, assume that it incurred the following unit costs: Direct materials $470 Variable overhead 410 Fixed overhead 130 The 100 units of beginning inventory for March had an absorption costing value of $85,000 and a variable costing value of $71,000. For March, assume that Bondware Inc. produced 500 units and sold 540 units. Computer Bondware's March amount of ending inventory under both absorption and variable costing if the FIFO inventory method was used. Ending Inventory 0 Absorption costing $ Variable costing $ 0 Bondware Inc., has a highly automated assembly line that uses very little direct labor. Therefore, direct labor is part of variable overhead. For March, assume that it incurred the following unit costs: Direct materials $470 Variable overhead 410 Fixed overhead 130 The 100 units of beginning inventory for March had an absorption costing value of $85,000 and a variable costing value of $71,000. For March, assume that Bondware Inc. produced 500 units and sold 540 units. Computer Bondware's March amount of ending inventory under both absorption and variable costing if the FIFO inventory method was used. Ending Inventory 0 Absorption costing $ Variable costing $ 0

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