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Last year, a company had sales of 75,000 units and production of 100,000 units. Other information for the year is shown below. Direct manufacturing labor $187,500 100,000 Variable manufacturing overhead Direct materials 150,000 Variable selling expenses 100,000 Fixed administrative expenses 100,000 Fixed manufacturing overhead 200,000 Assuming no beginning inventory, what is the cost of goods sold under variable costing? A. $478,125 $553,125 C. $328,125 O D. $403,125 B.

Last year, a company had sales of 75,000 units and production of 100,000 units. Other information for the year is shown below. Direct manufacturing labor $187,500 100,000 Variable manufacturing overhead Direct materials 150,000 Variable selling expenses 100,000 Fixed administrative expenses 100,000 Fixed manufacturing overhead 200,000 Assuming no beginning inventory, what is the cost of goods sold under variable costing? A. $478,125 $553,125 C. $328,125 O D. $403,125 B.

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management analysis
Section: Chapter Questions
Problem 3BE: Variable costingsales exceed production The beginning inventory is 52,800 units. All of the units...
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Last year, a company had sales of 75,000 units and production of 100,000 units. Other information for the year is shown below. Direct manufacturing labor Variable manufacturing overhead Direct materials $187,500 100,000 150,000 Variable selling expenses 100,000 Fixed administrative expenses 100,000 Fixed manufacturing overhead 200,000 Assuming no beginning inventory, what is the cost of goods sold under variable costing? O A. $478,125 $553,125 C. $328,125 O D. $403,125 B.
Transcribed Image Text:Last year, a company had sales of 75,000 units and production of 100,000 units. Other information for the year is shown below. Direct manufacturing labor Variable manufacturing overhead Direct materials $187,500 100,000 150,000 Variable selling expenses 100,000 Fixed administrative expenses 100,000 Fixed manufacturing overhead 200,000 Assuming no beginning inventory, what is the cost of goods sold under variable costing? O A. $478,125 $553,125 C. $328,125 O D. $403,125 B.
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