Accounting 9706 · AS & A Level · Costs and cost behaviour

Costs and cost behaviour — practice question

In April, a business produced $4000$ units and sold $3600$ units. The total costs shown below were incurred. Opening inventory was nil. The business values inventory by marginal costing. What is the closing inventory value?

  • A$20\,000$
  • B$23\,600$
  • C$25\,400$
  • D$39\,800$

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