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Last Year, Fabre Company Produced 20,000 Units and Sold 18,000

Question 153

Multiple Choice

Last year, Fabre Company produced 20,000 units and sold 18,000 units at a price of $12.Costs for last year were as follows: ​
Last year, Fabre Company produced 20,000 units and sold 18,000 units at a price of $12.Costs for last year were as follows: ​ Assuming that beginning inventory was zero, what is the value of ending inventory under variable costing? A) $3,300 B) $2,500 C) $5,000 D) $3,720 E) $7,200 Assuming that beginning inventory was zero, what is the value of ending inventory under variable costing?


A) $3,300
B) $2,500
C) $5,000
D) $3,720
E) $7,200

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