17) Xl company produces and sells a decorative pillow for $100.00 per unit. In the...

70.2K

Verified Solution

Question

Accounting

17) Xl company produces and sells a decorative pillow for $100.00 per unit. In the first month of operation, 2,000 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:

Variable manufacturing costs $23.00 per unit

Variable marketing costs $5.00 per unit

Fixed manufacturing costs $13 per unit

Administrative expenses, all fixed $19.50 per unit

Ending inventories of finished goods 500 units

What is the cost of goods sold per unit using absorption costing?

A) 41,400

B) 121,000

C) 73,800

D) correct answer is not provided

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students