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Beginning inventory in units 0 Units produced 4,800 Units sold 4,000 Sales $ 400,000 Material cost (unit level or variable) $ 96,000 Variable conversion cost
Beginning inventory in units | 0 | ||
Units produced | 4,800 | ||
Units sold | 4,000 | ||
Sales | $ | 400,000 | |
Material cost (unit level or variable) | $ | 96,000 | |
Variable conversion cost used (Committed) | $ | 48,000 | |
Facility-level or fixed manufacturing cost | $ | 72,000 | |
Indirect operating costs (fixed) | $ | 80,000 | |
The variable cost of goods sold is:
$110,000
$120,000
$144,000
$40,000
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