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Business, 05.05.2020 06:19 karyn3853

The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production $ 33 Selling and administrative $ 13 Fixed costs per year: Production $ 217,210 Selling and administrative $ 195,490 Last year, 7,490 units were produced and 7,390 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be:

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