ABC Manufacturing has the following cost structure:
Direct material (DM) per unit (DM/u)	$20
Direct Labor (DL) per unit (DM/u	$30
Variable manufacturing overhead (VMO) per unit (VMO/u)	$10
Fixed manufacturing overhead per year	$100,000
Fixed selling and administrative expenses	$200,000
Assume
units produced	10,000
units sold	8,000

Using variable costing, the cost of goods sold is?

		$100,000
		$120,000
		$140,000
		$480,000