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Business, 08.03.2021 19:40 ScardeySpider

Fleet, Inc. manufactured 700 units of Product A, a new product, in 20Xl. Product Xs variable and fixed manufacturing costs per unit were $6.00 and $2.00, respectively. The inventory of Product A on December 31, 20Xl consisted of 100 units. There was no inventory of Product A on January 1, 20Xl. Required: What would be the change in the dollar amount of inventory on December 31, 20Xl if the variable costing method was used instead of the absorption costing method

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Fleet, Inc. manufactured 700 units of Product A, a new product, in 20Xl. Product Xs variable and fix...
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