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Bethany Company has just completed the first month of producing a new product but has not yet shipped any of this product. The product incurred variable manufacturing costs of $5,000,000, fixed manufacturing costs of $2,000,000, variable marketing costs of $1,000,000, and fixed marketing costs of $3,000, If Bethany uses the variable cost method to value inventory, the inventory value of the new product will be A. $5,000,000 B. $6,000,000 C. $8,000,000 D. $11,000,000 |