Swansea Finishing produces and sells a decorative pillow for $103.00 per unit. In the first month of operation, 2,300 units were produced and 1,800 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:

What is cost of goods sold per unit using variable costing?

Question

Swansea Finishing produces and sells a decorative pillow for $103.00 per unit. In the first month of operation, 2,300 units were produced and 1,800 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:

What is cost of goods sold per unit using variable costing?

Quizplus · Accepted Answer

$23.00, only variable manufacturing costs are included when using variable costing for cost of goods sold.

Swansea Finishing Produces and Sells a Decorative Pillow for $103