Use the following data to answer the question Using variable costing, what is th

Question

Use the following data to answer the question

Using variable costing, what is the COGS in January?

Use the following data to answer the question

January February March Unit Data       Beginning Inventory 0       ?       ?       Production 1200 800 1000       Sales 800 800 1000 variable costs       manufacturing cost per unit produced $900 $900 $900       marketing cost per unit sold $600 $600 $600 Fixed costs    Manufacturing costs $450,000 $450,000 $450,000    Marketing costs $140,000 $140,000 $140,000

Using variable costing, what is the COGS in January?

Correct Answer: 720,000.00
How did they get the answer?   Use the following data to answer the question Using variable costing, what is the COGS in January?

Explanation / Answer

800*900 = 720000

Related Questions

Navigate

• Browse (All)
• Browse U
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.