Problem 8-35
Variable-Costing and Absorption-Costing Income
Tenley Company produces and sells wooden pallets that are used for moving and stacking materials. The operating costs for the past year were as follows:
During the year, Tenley produced 300,000 wooden pallets and sold 306,500 at $9 each. Tenley had 11,300 pallets in beginning ï¬nished goods inventory; costs have not changed from last year to this year. An actual costing system is used for product costing.
1. What is the per-unit inventory cost that will be reported on Tenley’s balance sheet at the end of the year? How many units are in ending inventory? What is the total cost of ending inventory? Round the per unit amount to the nearest cent.
| Per-unit inventory cost | $
Why? 4. Calculate variable-costing operating income. 5. Suppose that Tenley Company had sold 296,700 pallets during the year. What would absorption-costing operating income have been? Variable-costing income?
Other questions 10
window.__REDUX__STATE__ = ‘%7B%22appMeta%22%3A%7B%22serverRendered%22%3Atrue%7D%2C%22apiRequests%22%3A%7B%22pendingRequestCount%22%3A0%2C%22succeededRequestCount%22%3A5%2C%22failedRequestCount%22%3A0%2C%22requestCounters%22%3A%7B%22GET_FIELDS_PENDING%22%3A0%2C%22GET_ENTITY_PENDING%22%3A0%2C%22GET_FIELDS_SUCCESS%22%3A1%2C%22GET_ENTITY_SUCCESS%22%3A1%2C%22GET_SIMILAR_QUESTIONS_PENDING%22%3A0%2C%22GET_OTHER_QUESTIONS_PENDING%22%3A0%2C%22GET_QUESTION_TIPS_PENDING%22%3A0%2C%22GET_QUESTION_TIPS_SUCCESS%22%3A1%2C%22GET_SIMILAR_QUESTIONS_SUCCESS%22%3A1%2C%22GET_OTHER_QUESTIONS_SUCCESS%22%3A1%7D%7D%2C%22currentUserMeta%22%3A%7B%22id%22%3A0%2C%22isGuest%22%3Atrue%2C%22isReceivingEmails%22%3Anull%2C%22authMethod%22%3Anull%2C%22approvalTicket%22%3Anull%2C%22fees%22%3Anull%2C%22disputesAmount%22%3Anull%2C%22earningsStats%22%3A%7B%22questions%22%3A%7B%22totalPurchases%22%3A0%2C%22totalIncome%22%3A0%7D%2C%22tutorials%22%3A%7B%22totalPurchases%22%3A0%2C%22totalIncome%22%3A0%7D%7D%7D%2C%22modal%22%3A%7B%7D%2C%22joyride%22%3A%7B%22steps%22%3A%5B%5D%7D%2C%22users%22%3A%7B%22guest-0%22%3A%7B%22role%22%3A%22student%22%2C%22isGuest%22%3Atrue%7D%7D%2C%22usersStatuses%22%3A%7B%7D%2C%22usersThreads%22%3A%7B%7D%2C%22usersReviews%22%3A%7B%7D%2C%22usersQuestions%22%3A%7B%7D%2C%22reviewsPage%22%3A%7B%22results%22%3A%5B%5D%7D%2C%22reviews%22%3A%7B%7D%2C%22answersReviews%22%3A%7B%7D%2C%22threads%22%3A%7B%7D%2C%22questions%22%3A%7B%2240593%22%3A%7B%22body%22%3A%22%3Cp%3EHelp%21%21%20I%20totally%20forgot%20about%20this%20and%20I%20don%27t%20understand%20it%20at%20all.It%27s%20due%20in%20a%20few%20hours%21%3C/p%3E%22%2C%22id%22%3A40593%2C%22title%22%3A%22Economics%20needed%20immediately%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Afalse%2C%22due%22%3A%222012-10-07T03%3A29%3A00.000Z%22%2C%22budget%22%3A10%2C%22fieldOfStudyId%22%3A2300%2C%22userId%22%3A12806%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222012-10-03T03%3A30%3A29.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A2300%2C%22name%22%3A%22Business%20%20Finance%20-%20Economics%22%2C%22anchor%22%3A%22Economics%22%2C%22fieldOfStudyId%22%3A900%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886187%2C%22path%22%3A%22/fields/business-finance-economics%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A17370%2C%22path%22%3A%22/content/economics-needed-immediately%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Atrue%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%7D%2C%2241441%22%3A%7B%22body%22%3A%22f%28x%29%3D4x/x%5E2-14x+45%22%2C%22id%22%3A41441%2C%22title%22%3A%22f%28x%29%3D4x/x%5E2-14x+45%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Afalse%2C%22due%22%3A%222012-10-08T11%3A01%3A00.000Z%22%2C%22budget%22%3A0.5%2C%22fieldOfStudyId%22%3A1300%2C%22userId%22%3A13039%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222012-10-07T10%3A59%3A56.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A1300%2C%22name%22%3A%22Mathematics%20-%20Algebra%22%2C%22anchor%22%3A%22Algebra%22%2C%22fieldOfStudyId%22%3A100%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886171%2C%22path%22%3A%22/fields/mathematics-algebra%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A17792%2C%22path%22%3A%22/content/fx4xx2-14×45%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Atrue%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%7D%2C%2241588%22%3A%7B%22body%22%3A%22What%20is%20a%20poem%20referring%20to%20the%20Epic%20of%20Gilgamesh%3F%22%2C%22id%22%3A41588%2C%22title%22%3A%22What%20is%20a%20poem%20referring%20to%20the%20Epic%20of%20Gilgamesh%3F%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Atrue%2C%22budget%22%3A999999.99%2C%22fieldOfStudyId%22%3A200%2C%22userId%22%3A13076%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222012-10-07T20%3A38%3A57.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A200%2C%22name%22%3A%22English%22%2C%22anchor%22%3A%22English%22%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886117%2C%22path%22%3A%22/fields/english%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A17862%2C%22path%22%3A%22/content/what-poem-referring-epic-gilgamesh%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Atrue%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%7D%2C%2241953%22%3A%7B%22body%22%3A%22Determine%20the%20value%20of%20the%20discriminant%20and%20the%20nature%20of%20the%20roots%3A%5Cr%5Cn3t%5E2+9t-2%3D0%5Cr%5Cnand%5Cr%5Cnn%5E2-3n%3D40%22%2C%22id%22%3A41953%2C%22title%22%3A%22Determine%20the%20value%20of%20the%20discriminant%20and%20the%20nature%20of%20the%20roots%3A%5Cr%5Cn3t%5E2+9t-2%3D0%5Cr%5Cnand%5Cr%5Cnn%5E2-3n%3D40%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Afalse%2C%22budget%22%3A999999.99%2C%22fieldOfStudyId%22%3A1300%2C%22userId%22%3A13164%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222012-10-08T21%3A31%3A27.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A1300%2C%22name%22%3A%22Mathematics%20-%20Algebra%22%2C%22anchor%22%3A%22Algebra%22%2C%22fieldOfStudyId%22%3A100%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886171%2C%22path%22%3A%22/fields/mathematics-algebra%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A18054%2C%22path%22%3A%22/content/determine-value-discriminant-and-nature-roots-3t29t-20-and-n2-3n40%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Atrue%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%7D%2C%2242121%22%3A%7B%22body%22%3A%22When%20was%20hybrid%20iguana%20discovered/introduced%3F%22%2C%22id%22%3A42121%2C%22title%22%3A%22When%20was%20hybrid%20iguana%20discovered/introduced%3F%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Afalse%2C%22due%22%3A%222012-10-13T10%3A44%3A00.000Z%22%2C%22budget%22%3A5%2C%22fieldOfStudyId%22%3A3200%2C%22userId%22%3A13202%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222012-10-09T10%3A40%3A01.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A3200%2C%22name%22%3A%22Applied%20Sciences%22%2C%22anchor%22%3A%22Applied%20Sciences%22%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886203%2C%22path%22%3A%22/fields/applied-sciences%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A18126%2C%22path%22%3A%22/content/when-was-hybrid-iguana-discoveredintroduced%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Atrue%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%7D%2C%2242299%22%3A%7B%22body%22%3A%22making%20improvement%20in%20society%20is%20a%20difficult%20and%20sometimes%20painful%20task.%20in%20a%20five%20paragraph%20essay%2C%20discuss%20how%20such%20progress%20is%20not%20possible%20without%20sacrifice.use%20examples%20from%20real%20world%2C%20anthem%2C%20%u2026%22%2C%22id%22%3A42299%2C%22title%22%3A%22making%20improvement%20in%20society%20is%20a%20difficult%20and%20sometimes%20painful%20task.%20in%20a%20five%20paragraph%20essay%2C%20discuss%20how%20such%20progress…%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Atrue%2C%22due%22%3A%222012-10-13T20%3A38%3A00.000Z%22%2C%22budget%22%3A0%2C%22fieldOfStudyId%22%3A300%2C%22userId%22%3A13250%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222012-10-09T19%3A43%3A04.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A300%2C%22name%22%3A%22Literature%22%2C%22anchor%22%3A%22Literature%22%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886121%2C%22path%22%3A%22/fields/literature%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A18222%2C%22path%22%3A%22/content/making-improvement-society-difficult-and-sometimes-painful-task-five-paragraph-essay-discuss%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Atrue%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%7D%2C%2244300%22%3A%7B%22body%22%3A%22he%20end%20zone%20of%20a%20football%20field%20has%204%20pylons%20to%20denote%20the%20four%20corners%20the%20height%20of%20each%20pylon%20is%2018%20inches%20the%20width%20is%204%20inches%20and%20the%20length%20is%204%20inches%20find%20the%20volume%20of%20each%20pylon%20in%20cubic%20%u2026%22%2C%22id%22%3A44300%2C%22title%22%3A%22he%20end%20zone%20of%20a%20football%20field%20has%204%20pylons%20to%20denote%20the%20four%20corners%20the%20height%20of%20each%20pylon…%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Afalse%2C%22budget%22%3A999999.99%2C%22fieldOfStudyId%22%3A1300%2C%22userId%22%3A13777%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222012-10-16T00%3A02%3A02.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A1300%2C%22name%22%3A%22Mathematics%20-%20Algebra%22%2C%22anchor%22%3A%22Algebra%22%2C%22fieldOfStudyId%22%3A100%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886171%2C%22path%22%3A%22/fields/mathematics-algebra%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A19110%2C%22path%22%3A%22/content/he-end-zone-football-field-has-4-pylons-denote-four-corners-height-each-pylon%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Atrue%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%7D%2C%2244409%22%3A%7B%22body%22%3A%22observed%20life%20in%20a%20tiny%20drop%20of%20water%5Cr%5Cn%22%2C%22id%22%3A44409%2C%22title%22%3A%22observed%20life%20in%20a%20tiny%20drop%20of%20water%5Cr%5Cn%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Afalse%2C%22budget%22%3A999999.99%2C%22fieldOfStudyId%22%3A1800%2C%22userId%22%3A13797%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222012-10-16T08%3A30%3A19.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A1800%2C%22name%22%3A%22Science%22%2C%22anchor%22%3A%22Science%22%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886181%2C%22path%22%3A%22/fields/science%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A19148%2C%22path%22%3A%22/content/observed-life-tiny-drop-water%22%2C%22sitemap%22%3Afalse%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%7D%2C%2244443%22%3A%7B%22body%22%3A%22%3Cp%3E%3Cspan%3E%20%3C/span%3E%3C/p%3E%3Cp%3E%3Cstrong%3E%3Cspan%3EDue%20Saturday%20Central%20time%20@%208am%21%3C/span%3E%3C/strong%3E%3C/p%3E%3Cp%3E%3Cspan%3E%20%3C/span%3E%3C/p%3E%3Cp%3E%3Cstrong%3E%3Cspan%3EWeek%202%3A%20Discussion%20Question%20%232%3C/span%3E%3C/strong%3E%3Cspan%3E%20%3C/span%3E%3Cspan%3E%3C/span%3E%3C/p%3E%3Cp%3E%26nbsp%3B%3C/p%3E%3Cp%3E%3Cspan%3EWatch%20%3Cem%3EThe%20Indirect%20Instruction%20Model%3C/em%3E%20and%20%3Cem%3EThe%20Direct%20Instruction%20Model%20videos%3C/em%3E.%20What%20were%20the%20main%20differences%20you%20observed%20in%20the%20%u2026%3C/span%3E%3C/p%3E%22%2C%22id%22%3A44443%2C%22title%22%3A%22Educational%20Videos%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Atrue%2C%22due%22%3A%222012-10-20T10%3A28%3A00.000Z%22%2C%22budget%22%3A5%2C%22fieldOfStudyId%22%3A200%2C%22userId%22%3A8767%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222012-10-16T10%3A31%3A11.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A200%2C%22name%22%3A%22English%22%2C%22anchor%22%3A%22English%22%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886117%2C%22path%22%3A%22/fields/english%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A19156%2C%22path%22%3A%22/content/educational-videos%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Atrue%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%2C%22rating%22%3A%7B%22id%22%3A911461%2C%22grade%22%3A100%2C%22num%22%3A2%2C%22createdAt%22%3A%222018-03-18T08%3A20%3A56.000Z%22%7D%7D%2C%2245667%22%3A%7B%22body%22%3A%22A%20significant%20role%20of%20ecosystems%20in%20maintaining%20a%20quality%20environment%20is%20best%20referred%20to%20as%20providing%22%2C%22id%22%3A45667%2C%22title%22%3A%22A%20significant%20role%20of%20ecosystems%20in%20maintaining%20a%20quality%20environment%20is%20best%20referred%20to%20as%20providing%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Afalse%2C%22budget%22%3A999999.99%2C%22fieldOfStudyId%22%3A2900%2C%22userId%22%3A14104%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222012-10-20T00%3A10%3A46.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A2900%2C%22name%22%3A%22Environmental%20science%22%2C%22anchor%22%3A%22Environmental%20science%22%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886199%2C%22path%22%3A%22/fields/environmental-science%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A19724%2C%22path%22%3A%22/content/significant-role-ecosystems-maintaining-quality-environment-best-referred-providing%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Atrue%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%7D%2C%22105329%22%3A%7B%22body%22%3A%22%3Cdiv%3E%3Cdiv%3E%3Cp%3E%3Cstrong%3EProblem%208-35%3C/strong%3E%26nbsp%3B%3Cbr/%3EVariable-Costing%20and%20Absorption-Costing%20Income%3C/p%3E%3Cp%3ETenley%20Company%20produces%20and%20sells%20wooden%20pallets%20that%20are%20used%20for%20moving%20and%20stacking%20materials.%20The%20operating%20costs%20for%20the%20past%20year%20%u2026%3C/p%3E%3C/div%3E%3C/div%3E%22%2C%22id%22%3A105329%2C%22title%22%3A%22MANAGERIAL%20ACCOUNTING%20PROBLEM%20%24%24%24%24%24%24%24%22%2C%22isTutorial%22%3Afalse%2C%22isEssay%22%3Afalse%2C%22due%22%3A%222013-03-07T22%3A58%3A00.000Z%22%2C%22budget%22%3A5%2C%22fieldOfStudyId%22%3A1900%2C%22userId%22%3A28420%2C%22published%22%3Atrue%2C%22newBids%22%3A0%2C%22createdAt%22%3A%222013-03-06T23%3A02%3A36.000Z%22%2C%22fieldOfStudy%22%3A%7B%22id%22%3A1900%2C%22name%22%3A%22Business%20%20Finance%20-%20Accounting%22%2C%22anchor%22%3A%22Accounting%22%2C%22fieldOfStudyId%22%3A900%2C%22createdAt%22%3A%222017-09-06T03%3A15%3A16.000Z%22%2C%22path%22%3A%7B%22id%22%3A5886183%2C%22path%22%3A%22/fields/business-finance-accounting%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Afalse%2C%22createdAt%22%3A%222017-12-24T22%3A55%3A21.000Z%22%7D%7D%2C%22path%22%3A%7B%22id%22%3A41056%2C%22path%22%3A%22/content/managerial-accounting-problem-0%22%2C%22sitemap%22%3Atrue%2C%22amp%22%3Atrue%2C%22createdAt%22%3A%222017-09-06T03%3A23%3A07.000Z%22%7D%7D%2C%22105338%22%3A%7B%22body%22%3A%22%3Cdiv%3E%3Cdiv%3E%3Cp%3E%3Cstrong%3EProblem%208-35%3C/strong%3E%26nbsp%3B%3Cbr%20/%3EVariable-Costing%20and%20Absorption-Costing%20Income%3C/p%3E%3Cp%3ETenley%20Company%20produces%20and%20sells%20wooden%20pallets%20that%20are%20used%20for%20moving%20and%20stacking%20materials.%20The%20operating%20costs%20for%20the%20past%20year%20were%20as%20follows%3A%26nbsp%3B%3Cbr%20/%3E%3Cbr%20/%3E%3Cimg%20src%3D%5C%22http%3A//east.cengagenow.com/ilrn/books/mhma04h/images/ch08/mhma04h_ch08_ce8-35.e.jpg%5C%22%20alt%20/%3E%3C/p%3E%3Cp%3EDuring%20the%20year%2C%20Tenley%20produced%20300%2C000%20wooden%20pallets%20and%20sold%20306%2C500%20at%20%249%20each.%20Tenley%20had%2011%2C300%20pallets%20in%20beginning%20%uFB01nished%20goods%20inventory%3B%20costs%20have%20not%20changed%20from%20last%20year%20to%20this%20year.%20An%20actual%20costing%20system%20is%20used%20for%20product%20costing.%3C/p%3E%3Cbr%20/%3E%3Cp%3E%3Cstrong%3E1.%3C/strong%3E%26nbsp%3BWhat%20is%20the%20per-unit%20inventory%20cost%20that%20will%20be%20reported%20on%20Tenley%27s%20balance%20sheet%20at%20the%20end%20of%20the%20year%3F%20How%20many%20units%20are%20in%20ending%20inventory%3F%20What%20is%20the%20total%20cost%20of%20ending%20inventory%3F%20Round%20the%20per%20unit%20amount%20to%20the%20nearest%20cent.%3C/p%3E%3Cbr%20/%3E%3Ctable%20width%3D%5C%22300%5C%22%3E%3Ctbody%3E%3Ctr%3E%3Ctd%3EPer-unit%20inventory%20cost%3C/td%3E%3Ctd%3E%24%26nbsp%3B%26nbsp%3B%3Cspan%3E%3Cspan%3E%3C/span%3E%3C/span%3E%3C/p%3E%3Cbr%20/%3E%3Cp%3EWhy%3F%3Cbr%20/%3E%3Cspan%3E%3Cspan%3E%3C/span%3E%3C/span%3E%3C/p%3E%3Cbr%20/%3E%3Cp%3E%3 |