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Question 5 of 10 > This quiz: 10 point(s) possible This question: 1 point(s) possible Submit quiz Somerset Finishing produces and sells a decorative
Question 5 of 10 > This quiz: 10 point(s) possible This question: 1 point(s) possible Submit quiz Somerset Finishing produces and sells a decorative pillow for $100 per unit. In the first month of operation, 2,400 units were produced and 1,750 units were sold. Actual fixed costs are the same as the amount budgeted for the month. The fixed cost budget is based on the production of 2,400 units. Other information for the month includes: Variable manufacturing costs $24.00 per unit Variable marketing costs $7.00 per unit Fixed manufacturing costs $14.00 per unit Administrative expenses, all fixed $21.00 per unit Ending inventories: Direct materials - 0 - WIP-0- Finished goods 650 units What is cost of goods sold per unit using variable costing? A. $24.00 B. $66.00 C. $31.00 OD. $45.00 Time Remaining: 00:38:09 Next
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