Answer the Following Question(s)using the Information Below

question 147

Multiple Choice

Answer the following question(s) 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 using variable costing?

• A)$35,000
• B)$40,250
• C)$47,250
• D)$52,500
• E)$78,750

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Definitions:

Transportable Hydraulic Lift

A mobility device used in healthcare and home settings to safely lift and transfer patients from one place to another, utilizing hydraulic power for operation.

Horseshoe-shaped Base

A base, often used in support structures or equipment, that is shaped like a horseshoe to provide stability and support.

Sling

A device used to support and immobilize a broken or injured arm or shoulder, typically made of fabric that wraps around the neck and cradles the arm.

Straps

Devices, typically made of cloth, leather, or another flexible material, used to secure or support objects or body parts.