Zahra's Decoratives produces and sells a decorative pillow for $104.00 per unit. In the first month of operation, 2000 units were produced and 1750 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 $104.00 per unit Variable marketing costs $5.00 per unit Fixed manufacturing costs $15 per unit Administrative expenses, all fixed $24.00 per Ending inventories: Direct materials WIP Finished goods $67.00 $23.00 What is cost of goods sold per unit using variable costing? $28.00 unit $43.00 -0- 260 units D
Zahra's Decoratives produces and sells a decorative pillow for $104.00 per unit. In the first month of operation, 2000 units were produced and 1750 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 $104.00 per unit Variable marketing costs $5.00 per unit Fixed manufacturing costs $15 per unit Administrative expenses, all fixed $24.00 per Ending inventories: Direct materials WIP Finished goods $67.00 $23.00 What is cost of goods sold per unit using variable costing? $28.00 unit $43.00 -0- 260 units D
Chapter7: Budgeting
Section: Chapter Questions
Problem 1PA: Lens Junction sells lenses for $45 each and is estimating sales of 15,000 units in January and...
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