"Last year a company had sales of 75,000 units and production of 100,000 units. Other information for the year is shown below."
Direct manufacturing labor $187,500
Variable manufacturing overhead 100,000
Direct materials 150,000
Variable selling expenses 100,000
Fixed administrative expenses 100,000
Fixed manufacturing overhead 200,000
Assuming no beginning inventory, what is the cost of goods sold under variable costing?