Question: Miller Co. started operations on January 1, 20x8. Data for the first year of operations is as follows: 20x8 Production (units) 74604 Sales (units) 57377

Miller Co. started operations on January 1, 20x8. Data for the first year of operations is as follows:

20x8

Production (units)

74604

Sales (units)

57377

Selling price

$80

Variable costs

Production

54

Selling and administrative

11

Fixed costs

Production

901663

Selling and administrative

515727

What is cost of goods sold for 20x8 if variable costing is used?

Select one:

a. $2168100

b. $3098358

c. $3791816

d. $3729505

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