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Consider the following information: Units produced and sold 1,000 units Direct Material Cost $5 per unit Direct labor cost $4 per unit Variable manufacturing overhead
Consider the following information:
| Units produced and sold | 1,000 units |
| Direct Material Cost | $5 per unit |
| Direct labor cost | $4 per unit |
| Variable manufacturing overhead | $3 per unit |
| Fixed Cost of Manufacturing Overhead | $4,000 |
Based on the above information, what is the variable cost of goods sold?
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
