Question
Miller Co. started operations on January 1, 20x8. Data for the first year of operations is as follows: 20x8 Production (units) 72794 Sales (units) 53247
Miller Co. started operations on January 1, 20x8. Data for the first year of operations is as follows:
|
| 20x8 | |
| Production (units) | 72794 | |
| Sales (units) | 53247 | |
|
|
| |
| Selling price | $81 | |
| Variable costs |
| |
|
| Production | 46 |
|
| Selling and administrative | 18 |
| Fixed costs |
| |
|
| Production | 986850 |
|
| Selling and administrative | 558879 |
What is cost of goods sold for 20x8 if variable costing is used?
Select one:
a. $3407808
b. $1550200
c. $3171218
d. $2449362
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Management Accounting And Control Systems An Organizational And Sociological Approach
Authors: Norman B. Macintosh, Paolo Quattrone
2nd Edition
0470714476, 978-0470714478
