Answer questions 1-2 using the information below: Peggy's Pillows produces and sells a decorative pillow...
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Accounting
Answer questions 1-2 using the information below: 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 foued costs are the same as the amount budgeted for the month Budgeted monthly production is 2.500 units. The production volume variance is written off to the cost of goods sold account Other information for the month includes: Variable manufacturing costs $20.00 per unit Variable marketing costs $3.00 per unit Fixed manufacturing costs per month $ 17,500 Administrative expenses, all fixed $15.00 per unit What is cost of goods sold using variable casting? $35.000 554000 $40.000 547.250 What is cost of goods sold using absorption costing? SGL/30 050/50 DS3500
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