Under variable costing the value of the ending finished goods inventory would be:
A)$90,000
B)$104,000
C)$105,000
D)$135,000

Name: Under variable costing the value of the ending finished goods inventory would be: A)$90,000 B)$104,000 C)$105,000 D)$135,000
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Question

Quizplus · Accepted Answer

Under variable costing, only variable manufacturing costs are included in the inventory valuation. The value of the ending finished goods inventory is calculated based on the variable cost per unit and the number of units in ending inventory.

Under Variable Costing the Value of the Ending Finished Goods