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Langdon Company produced 10,000 units during the past year, ...


Langdon Company produced 10,000 units during the past year, but only 9,000 of the units were sold. The following additional information is also available.Direct materials used ………….$90,000Direct labor incurred …………..$30,000Variable manufacturing overhead ………$24,000Fixed manufacturing overhead ……….$50,000Fixed selling and administrative expenses …..$70,000Variable selling and administrative expenses ….$10,000There was no work in process inventory at the beginning of the year, nor did Langdon have any beginning finished goods inventory.