Willow Company produced 15,000 units and sold 13,000 units during the current fiscal period. Beginning inventory was zero. During the period, the following costs were incurred:
Required: Compute the dollar amount of ending inventory using (a) absorption costing and (b) variable costing.

Question

Willow Company produced 15,000 units and sold 13,000 units during the current fiscal period. Beginning inventory was zero. During the period, the following costs were incurred:
  Required: Compute the dollar amount of ending inventory using (a) absorption costing and (b) variable costing.

Quizplus · Accepted Answer

The Answer of Willow Company produced 15,000 units and sold 13,000 units during the current fiscal period. Beginning inventory was zero. During the period, the following costs were incurred:
  Required: Compute the dollar amount of ending inventory using (a) absorption costing and (b) variable costing.

Willow Company Produced 15,000 Units and Sold 13,000 Units During