If Variable Costing Had Been Used, the Cost of Goods

question 71

Multiple Choice

If variable costing had been used, the cost of goods sold would be:

• A) $133,280
• B) $93,100
• C) $98,000
• D) $111,720

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Definitions:

Organize

The act of arranging or structuring elements in a systematic way to achieve a specific goal or manage activities efficiently.

Control

The power to influence or direct people's behavior or the course of events.

Time Effectively

Refers to managing one's time in such a way as to maximize productivity and efficiency.

Managing

The process of dealing with or controlling things or people, often within the context of a business or organization.