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The Quaint Quilt produces and sells handmade quilts that have total variable cost of goods sold of $40,300. Fixed manufacturing overhead totals $12,000. Variable selling
The Quaint Quilt produces and sells handmade quilts that have total variable cost of goods sold of $40,300. Fixed manufacturing overhead totals $12,000. Variable selling and administrative costs are $19 per quilt sold, and fixed selling and administrative costs total $10,000. Last quarter, the company produced 91 quilts and sold 78 of those quilts. What was the total variable cost? Multiple choice question. $41,782 $45,782 $43,782
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