Inventory Valuation under Absorption Costing During the most recent year, Judson Company had the following data associated with the product it makes: Units in beginning inventory Units produced Units sold ($300 per unit) Variable costs per unit: Direct materials Direct labor Variable overhead Fixed costs: Fixed overhead per unit produced Fixed selling and administrative Required: 1. How many units are in ending inventory? units 300 15,000 12,700 $20 $60 $12 $30 $140,000 2. Using absorption costing, calculate the per-unit product cost. 3. What is the value of ending inventory under absorption costing?

Inventory Valuation under Absorption Costing During the most recent year, Judson Company had the following data associated with the product it makes: Required: 1. How many units are in ending inventory? units 2. Using absorption costing, calculate the per-unit product cost: \$ 3. What is the value of ending inventory under absorption costing