Question

Gel Shell makes gel nail polish, which they sell for $ \$ 18 / $ bottle. Gel Shell has the following costs Gel Shell's Costs \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ Type of Cost } & \multicolumn{1}{c|}{ Amount } \\ \hline Direct Materials & $ \$ 2 / $ unit \\ \hline Direct Labor & $ \$ 3 / $ unit \\ \hline Variable Overhead & $ \$ 4 / $ unit \\ \hline Fixed Overhead & $ \$ 800,000 / $ year \\ \hline \begin{tabular}{l} Variable sales and \\ administrative \end{tabular} & $ \$ 1 / $ unit \\ \hline Fixed sales and administrative & $ \$ 80,000 / $ year \\ \hline \end{tabular} In the current year, Gel Shell produced 160,000 bottles of nail polish and sold $ \$ 170,000 $ bottles of nail polish. The ended the year with 30,000 unsold bottles of nail polish. What are Gel Shell's total variable costs for the period? $ 1,700,000 $ $ 1,530,000 $ $ 1,360,000 $ $ 2,380,000 $

          Gel Shell makes gel nail polish, which they sell for \( \$ 18 / \) bottle. Gel Shell has the following costs
Gel Shell's Costs
\begin{tabular}{|l|l|}
\hline \multicolumn{1}{|c|}{ Type of Cost } & \multicolumn{1}{c|}{ Amount } \\
\hline Direct Materials & \( \$ 2 / \) unit \\
\hline Direct Labor & \( \$ 3 / \) unit \\
\hline Variable Overhead & \( \$ 4 / \) unit \\
\hline Fixed Overhead & \( \$ 800,000 / \) year \\
\hline \begin{tabular}{l} 
Variable sales and \\
administrative
\end{tabular} & \( \$ 1 / \) unit \\
\hline Fixed sales and administrative & \( \$ 80,000 / \) year \\
\hline
\end{tabular}

In the current year, Gel Shell produced 160,000 bottles of nail polish and sold \( \$ 170,000 \) bottles of nail polish. The ended the year with 30,000 unsold bottles of nail polish.

What are Gel Shell's total variable costs for the period?
\( 1,700,000 \)
\( 1,530,000 \)
\( 1,360,000 \)
\( 2,380,000 \)

Gel Shell makes gel nail polish, which they sell for $ 18 / bottle. Gel Shell has the following costs
Gel Shell's Costs

1|c| Type of Cost 1c| Amount

Direct Materials $ 2 / unit

Direct Labor $ 3 / unit

Variable Overhead $ 4 / unit

Fixed Overhead $ 800,000 / year

Variable sales and

administrative
$ 1 / unit

Fixed sales and administrative $ 80,000 / year

In the current year, Gel Shell produced 160,000 bottles of nail polish and sold $ 170,000 bottles of nail polish. The ended the year with 30,000 unsold bottles of nail polish.

What are Gel Shell's total variable costs for the period?
1,700,000
1,530,000
1,360,000
2,380,000

Added by Stephanie T.

Question

Please give Ace some feedback