Consider the following information pertaining to a year’s operations of Youngstown Manufacturing:
Units sold 1,400
Units produced 1,600
Direct labor $4,200
Direct materials used 3,500
Fixed manufacturing overhead 2,200
Variable manufacturing overhead 300
Selling and administrative expenses (all fixed) 700
Beginning inventories 0
Contribution margin 5,600
Direct-material inventory, end 800
There are no work-in-process inventories.
1. What is the ending finished-goods inventory cost under absorption costing?
2. What is the ending finished-goods inventory cost under variable costing?

This thread is more than 18 months old sent under a different name. Refer to following link:

https://www.askmehelpdesk.com/accounting/comparison-variable-costing-absorption-costing-316988.html

That's the second time now. How are you deciding these are the same people posting under different names? You got a back door to this site that no one knows about? Or you think only one person in the world actually does that particular problem?

Jay, you need to read our guidelines on posting homework problems:
https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

1-answer number one 51
2-answer number two 40