over $0.75 per unit $50,000 $15,000 $5,000 ixed administrative During 2014, the

Question

over $0.75 per unit $50,000 $15,000 $5,000 ixed administrative During 2014, the company manufactured 100,000 units and sold 80,000 units. If average selling price per unit was $22.50, what is the a the mount of the company's contribution margin per unit? a. $15.75 b. $16.50 c. $19.00 d. $13.50 14. Cold City Blowers produces snow blowers. The selling price per snow blower is $100. Costs involved in production are: Direct material per unit Direct labor per unit $ 22 13 Variable manufacturing overhead per unit 6 Fixed manufacturing overhead per year 23,400 In addition, the company has fixed selling and administrative costs of $9,360 per year. During the year, Cold City Blowers produced 880 snow blowers and sold 900 snow blowers. Beginning inventory consisted of 50 snow blowers. How much is variable cost of goods sold? a. $36,080 b, $36,900 c. $31,500 d. None of these answer choices are correct.

Explanation / Answer

Variable cost of goods sold=900*(22+13+6)= $36900 Option B is correct

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