Below is budgeted production and sales information for Octofic Cans Inc. for the month of March: Aluminum Tin
Estimated beginning inventory 12,000 units 6,000 units
Desired ending inventory 15,000 units 4,000 units
Region I, anticipated sales 380,000 units 85,000 units
Region II, anticipated sales 125,000 units 25,000 units
The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20. Budgeted sales for the month are:.
a. 112,000 units.
b. 108,000 units.
c. 120,000 units.
d. 83,000 units.
Which of the following is true of a variable cost?
a. Total variable cost remains constant with changes in the number of goods sold.
b. Total variable cost decreases with an increase in the number of goods sold.
c. Unit variable cost remains constant with changes in production
d. Unit variable cost decreases with an increase in production.