I have a hard time not getting confused with absorption vs. variable. Use the fo

Question

I have a hard time not getting confused with absorption vs. variable.

Use the following data to answer the question

Using absorption costing, what is the COGS in February?

Use the following data to answer the question

January February March Unit Data       Beginning Inventory 0       ?       ?       Production 1100 900 1000       Sales 800 800 1000 variable costs       manufacturing cost per unit produced $900 $900 $900       marketing cost per unit sold produced $600 $600 $600 Fixed costs    Manufacturing costs $450,000 $450,000 $450,000    Marketing costs $140,000 $140,000 $140,000

Using absorption costing, what is the COGS in February?

Explanation / Answer

COGS= 300*1400+900*1400-800*1400=560000

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