Homework Answers
Total = Direct materials + Direct manufacturing labor + Variable manufacturing overhead = $150,000 + $187,500 + $100,000 = $437,500
Unit cost = $437,500 / 200,000 units = $2.1875
Cost of goods sold under variable costing = 150,000 × $2.1875 = $328,125
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For 2011, Nichols, Inc., had sales of 150.000 units and production of 200,000 units. Other information...
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