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If 1,600 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is:________

Respuesta :

The amount of inventory that would be reported on the variable costing

the balance sheet is $56,000

Explanation:

If 1,600 units remain unsold at the end of the month, the amount of inventory that would be reported on the variable costing balance sheet is...

1. Variable cost per unit = (180,000 + 240,000 + 280,000) / 20,000 = $35

2. ($35 x 1,600) = $56,000

The balance sheet of inventory is $56,000

How do you calculate the cost?

  • The cost of goods sold formula, also referred to as the COGS formula is:
  • Beginning Inventory + New Purchases - Ending Inventory = Cost of Goods Sold. The beginning inventory is the inventory balance on the balance sheet from the previous accounting period.

To learn more about Variable Costing, refer

to https://brainly.com/question/24448358

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