← Somerset Finishing produces and sells a decorative pillow for 507 5 per und In the test month of operation 2,100 unds were produced and 1,750 unts were sod Actu favd cos we the same budgeted for the month. The fixed cost budget is based on the production of 2.100 units Other information for the month includes Variable manufacturing costs $24 00 per unit Variable marketing costs $7.00 per unit Fixed manufacharing costs $15 00 per unit Administrative expenses, all fixed $22.00 per un Ending inventories Direct materials-0- WIP -0- Finished goods 350 units What is cost of goods sold per unit using variable costing? A. $60.00 OB. $46.00. OC. $31.00 OD. $2400 the amoun

← Somerset Finishing produces and sells a decorative pillow for 507 5 per und In the test month of operation 2,100 unds were produced and 1,750 unts were sod Actu favd cos we the same budgeted for the month. The fixed cost budget is based on the production of 2.100 units Other information for the month includes Variable manufacturing costs $24 00 per unit Variable marketing costs $7.00 per unit Fixed manufacharing costs $15 00 per unit Administrative expenses, all fixed $22.00 per un Ending inventories Direct materials-0- WIP -0- Finished goods 350 units What is cost of goods sold per unit using variable costing? A. $60.00 OB. $46.00. OC. $31.00 OD. $2400 the amoun

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Subject: Acounting