Question: How much fixed manufacturing overhead is in ending inventory under full costing? Fixed manufacturing overhead in ending inventory$(_________)enter fixed manufacturing overhead in dollars Compare this

How much fixed manufacturing overhead is in ending inventory under full costing?

Fixed manufacturing overhead in ending inventory$(_________)enter fixed manufacturing overhead in dollars

Compare this amount to the difference in the net incomes calculated in Exercise 5-13.

Shovels produced

50,500

Shovels sold

(45,800)

Shovels in ending inventory

4,700 Fixed Manufacturing Overhead per unit$3.30Difference in net income

$15,510

The amount of fixed manufacturing overhead in ending inventory under full costing is

equal to

greater than

less than

the difference in net income between full costing and variable costing.

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