Under variable costing, what is the total cost that would be assigned to Carlos' finished goods inventory at the end of the first year of operations?
A)$15,000
B)$42,125
C)$44,000
D)$14,000

Question

Quizplus · Accepted Answer

Under variable costing, only variable production costs are assigned to inventory. The total cost assigned to finished goods inventory would be based on the variable costs per unit multiplied by the number of units in inventory.

Under Variable Costing, What Is the Total Cost That Would