The Browning Company Manufactures a Single Product;the Standard Costs Per

Multiple Choice

The Browning Company manufactures a single product;the standard costs per unit being variable manufacturing $8,fixed manufacturing $6.Selling and administrative costs are $2 per unit sold.The selling price is $20 per unit.Actual and budgeted fixed overhead is $900 000 for the year.Information about Browning's production activity for the year follows:
What is the value of closing inventory of finished goods under variable costing?

A) $420 000
B) $180 000
C) $240 000
D) $120 000