Question: please answer asap, will give thumbs up! Question 19 Wren Corporation produces a single product. During the current year, Wren produced 8.000 units and sold
Question 19 Wren Corporation produces a single product. During the current year, Wren produced 8.000 units and sold 6.200 units. There were no units in beginning inventory. Wren's total variable manufacturing costs were $170,000 and its total fixed manufacturing overhead costs were $250.000. Which of the following statements is true? Under variable costing, the cost of the items in ending inventory is $52.50 per unit Operating income computed using absorption costing is $56.250 higher than operating income compe using variable costing Under absorption costing the cost of the items in ending inventory is $31.25 per unit. Ending inventory computed using variable costing is $38,250 lower than ending inventory computador absorption costing None of the above statements is true
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