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    Exam 21: Variable Costing
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    Groovelex Inc.reports the Following Information
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Groovelex Inc.reports the Following Information

Question 89

Question 89

Multiple Choice

Groovelex Inc.reports the following information: Groovelex Inc.reports the following information:   - There are no beginning inventories.What is the ending balance in finished goods inventory using variable costing? A) $2,500 B) $7,000 C) $5,000 D) $6,000
- There are no beginning inventories.What is the ending balance in finished goods inventory using variable costing?


A) $2,500
B) $7,000
C) $5,000
D) $6,000

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