Answer the Following Questions Using the Information Below

question 101

Multiple Choice

Answer the following questions using the information below:
Peggy's Pillows produces and sells a decorative pillow for $75.00 per unit. In the first month of operation, 2,000 units were produced and 1,750 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:

-What is cost of goods sold per unit using variable costing?

• A)$20
• B)$23
• C)$30
• D)$45

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Definitions:

Contemporary Managers

Modern-day leaders who are responsible for planning, directing, and overseeing operations within an organization.

Henri Fayol

A French mining engineer and management theorist known for developing a general theory of business administration and for his 14 Principles of Management.

Mary Parker Follett

A pioneering theorist in the field of organizational behavior and management, who emphasized the importance of democratic leadership and people-centric management practices.

Classical Theorists

Scholars and thinkers who have contributed to the foundation of classical theories in various fields, focusing on formal structures and systems.