Question
Jean Peck's Furniture manufactures tables for hospitality sector. It takes only bulk orders and each table...
Jean Peck's Furniture manufactures tables for hospitality
sector. It takes only bulk orders and each table is sold for $400
after negotiations. In the month of January, it manufactures 3,200
tables and sells 2,400 tables. Actual fixed costs are the same as
the amount of fixed costs budgeted for the month.
The following information is provided for the month of
January:
Variable manufacturing costs $130 per unit
Fixed manufacturing costs $90,000 per month
Fixed Administrative expenses $30,000 per month
At the end of the month Jean Peck's Furniture has an ending
inventory of finished goods of 800 units. The company also incurs a
sales commission of $11 per unit.
What is the cost of goods sold per unit when using absorption
costing?
-
A. $101.87
-
B. $169.13
-
C. $130.00
-
D. $158.13
Homework Answers
Answer #1
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