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Tema [17]
3 years ago
6

Pearls, Pearls, Pearls! manufactures and sells jewelry. The total variable cost of goods sold this month is $72,490. Variable se

lling and administrative cost is $22 per unit sold. If 350 units are produced and 314 units are sold this month, the total variable cost reported on the income statementforthe month is $:___________
Business
1 answer:
Aneli [31]3 years ago
5 0

Answer:

Total variable cost= $71,940.54

Explanation:

Giving the following information:

The total variable cost of goods sold this month is $72,490.

Variable selling and administrative cost is $22 per unit sold.

350 units are produced and 314 units are sold this month.

<u>First, we need to calculate the unitary variable cost per unit:</u>

Unitary production cost= 72,490/350= $207.11

<u>Now, we can calculate the total variable cost:</u>

Total variable cost= (207.11 + 22)*314= $71,940.54

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Instructions are lsited below

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