Acme Company produces widgets and sells them for $75 per uni…
Acme Company produces widgets and sells them for $75 per unit. During its first year of operations, Acme produces 4,100 units and sells 3,600 units. At this level of production, Acme’s per-unit manufacturing costs are as follows: direct materials $18, direct labor $13, variable overhead $5, and fixed overhead $7. At this level of sales, variable selling and administrative expenses are $9 per unit and fixed selling and administrative expenses are $4 per unit. What is Acme’s ending inventory balance using variable costing?