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Peggy's Pillows produces and sells a decorative pillow for $75.00 per unit. In the first month of operation, 2,000 units were produced and 1,750 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:
Ending inventories:Direct materials -0-WIP -0-Finished goods 250 units
What is cost of goods sold per unit using variable costing?a. $20b. $23c. $30d. $45
4. Peggy's Pillows produces and sells a decorative pillow for $75.00 per unit. In the first month of operation, 2,000 units were produced and 1,750 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:
Finished goods 250 unitsWhat is cost of goods sold using variable costing?a. $35,000b. $40,000c. $47,250d. $54,000
n and o formed no partnership. n contributed 3000 cash in exchange for her 50 interest in the partnership capital and
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