?


The following is taken from Fortech Company’s records for the fiscal year just ended:
Direct materials used $300,000
Direct labor 100,000
Variable manufacturing overhead 50,000
Fixed manufacturing overhead 80,000
Selling and admin. costs--variable 40,000
Selling and admin. costs--fixed 20,000
, If Fortech Company uses variable costing, the inventoriable costs for the fiscal year are