chang company reports the following data finished goods inventory beginning balance 4138627
Chang Company reports the following data:
Finished Goods Inventory:
Beginning balance, in units………. 500
Units produced …………… 2,200
Units sold ……………. 1,800
Ending balance, in units ………. 900
Production Costs:
Variable manufacturing costs per unit ….. $ 56
Total fixed manufacturing costs ……. 24,300
Calculate the product cost per unit and the total cost of the 900 units in ending inventory using absorption costing and variable costing.
Chang Company reports the following data Finished Goods Inventory Beginning