Multiple Choice
Sol Enterprises' contribution income statement utilizing variable costing appears below: Sol Enterprises
Income Statement
For the Year ended December 31, 2014
Sol produced 21,000 units during the year. Variable costs per unit and fixed production costs have remained constant the entire year. There were no beginning inventories. How much is the dollar value of the ending inventory using variable costing?
A) $5,000
B) $7,900
C) $8,800
D) $2,900
Correct Answer:

Verified
Correct Answer:
Verified
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