Inventory Valuation under Absorption Costing and Variable Costing At the end of the first year of...

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Inventory Valuation under Absorption Costing and Variable Costing At the end of the first year of operations, 5,900 units rem

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Answer 1

Answer #1

Absorption costing = (34.70+20.50+6.20+5.50)*5900

= 394,710

Variable costing = (34.70+20.50+5.50)*5900

= 358,130

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Answer 2

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