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Author Question: Swansea Finishing produces and sells a decorative pillow for $103.00 per unit. In the first month of ... (Read 64 times)

TFauchery

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Swansea Finishing produces and sells a decorative pillow for $103.00 per unit. In the first month of operation, 2,300 units were produced and 1,800 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:

Variable manufacturing costs$23.00 per unit
Variable marketing costs$8.00 per unit
Fixed manufacturing costs$14 per unit
Administrative expenses, all fixed$20.00 per unit
 Ending inventories:
Direct materials-0-
WIP-0-
Finished goods500 units

What is cost of goods sold per unit using variable costing?
◦ $23.00
◦ $45.00
◦ $65.00
◦ $31.00


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Marked as best answer by TFauchery on Mar 6, 2021

jaaaaaaa

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TFauchery

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


AngeliqueG

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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