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lagan, Inc. has collected the following data. (There are no beginning inventories.) Units produced Sales price Direct materia

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Answer #1

Unit product cost under variable costing

Direct material 20
Direct labor 11
Variable manufacturing overhead 8
Unit cost 39

Ending inventory unit = 700-400 = 300 Units

Ending inventory = 300*39 = 11700

So answer is d) $11700

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