A company produces a single product. Variable production costs are $12 per unit and variable selling and administrative expenses are $3 per unit. Fixed manufacturing overhead totals $36,000 and fixed selling and administration expenses total $40,000. Assuming a beginning inventory of zero, production of 4,000 units and sales of 3,600 units, the dollar value of the ending inventory under variable costing would be:

$4,800

Step-by-step explanation:

Given that,

Variable production costs = $12 per unit

Variable selling and administrative expenses = $3 per unit

Fixed manufacturing overhead = $36,000

Fixed selling and administration expenses = $40,000

Beginning inventory = 0

Units produced = 4,000 units

Units sold = 3,600 units

Ending inventory:

= Beginning inventory + Units produced - Units sold

= 0 + 4,000 - 3,600

= 400 units

Therefore, the dollar value of the ending inventory under variable costing would be:

= Ending inventory × Variable cost per unit

= 400 units × $12 per unit

= $4,800

15%

step-by-step explanation:

use the table and count the number of guesses that has two correct answers.

the following are two correct answers

10010, 01100, 11000

a total of 3 numbers having 2 correct guesses out of 20 questions.

probability of getting 2 correct guesses = the number of questions getting 2 correct answers / total number of questions.

= 3/20

to convert it into percent multiply by 100, we get

= 3/20 * 100

= 15%

the answer is 15%

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step-by-step explanation: