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Chassen Company, a cracker and cookie manufacturer, has the following unit costs for the month of June: A total of 100,000 units were manufactured during June, 10,000 of which remain in ending inventory. Chassen uses the first-in, first-out (FIFO) inventory method, and the 10,000 units are the only finished goods inventory at month end. Using the full absorption costing method, Chassen’s finished goods inventory value would beA. $50,000 B. $70,000 C. $85,000 D. $145,000 |