Solution:
Cost of sales is a variable cost at same is vary in proportion to sales.
Variable selling and administrative cost per unit = ($443,200 - $431,300) / (8100 - 7100) = $11.90 per unit
Fixed selling and administrative cost = $443,200 - (8100*$11.90) = $346,810
Hence first option is correct.
41. Gambino Corporation is a whole that sells a single product Management provided the following cost...
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Christensen Corporation Christensen Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $173.00 per unit. Sales Volume Cost of Goods Sold Sllng & Administrative Costs Total Costs 4,010 units 5,010 units S307,567S384,267 317993 5337,173 5625,560$721,440 1) For the total costs including both COGS and S&A costs, using high-low method to identify the cost formula. 2) What is the total variable...
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