Question: I am looking for help with this general accounting question using proper accounting standards. Everton Manufacturing Co. produced 40,000 units in its first year and

I am looking for help with this general accounting question using proper accounting standards.

Everton Manufacturing Co. produced 40,000 units in its first year and sold 36,500 units at $15 per unit. The company used practical activity of 40,000 units to compute its overhead rate. Manufacturing costs were as follows: e Direct Materials = $110,000 Direct Labor = $88,000 Variable Overhead = $60,000 Fixed Overhead = $48,000 Calculate the cost of ending inventory using variable costing

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