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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:Variable manufacturing costs$20.00 per unitVariable marketing costs$ 3.00 per unitFixed manufacturing costs$ 7.00 per unitAdministrative expenses, all fixed$15.00 per unitEnding inventories:Direct materials-0-WIP-0-Finished goods250 unitsWhat is cost of goods sold per unit using variable costing?What is cost of goods sold using variable costing?
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