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    Managerial Accounting Study Set 22
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    Exam 1: Managerial Accounting in the Information Age
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    Sleep Time Produces Mattresses
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Sleep Time Produces Mattresses

Question 21

Question 21

Multiple Choice

Sleep Time produces mattresses.Each mattress has a variable cost of $260, fixed costs of $56,000 per month, and a unit selling price of $500.If the company produces and sells 400 mattresses in February, how much is the unit cost per mattress?


A) $260
B) $400
C) $240
D) $100

Correct Answer:

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