Connect ? https //newconnect.mheducation.com/flow/connecthtml Neef Corporation h

Question

Connect ? https //newconnect.mheducation.com/flow/connecthtml Neef Corporation has provided the following duta for its two most recent yeers of operstion ii ?ng price per Manufacturing cests Verlable manufacturing cost per unit produced: Direct materials s 12 ect laber Veriable manufacturing overhead ,bed-anufacturing overhead per year $432,009 Selling and administrative expenses? Variable selling and administrative expense per unit sald rixed selling and sdministrative expense per yeer 5 61,900 units in begianing Inventory Units produced 12,000 9,8 Units in ending Inventory The unit product cost under absorption costng in Yeer 2 is closest to Mutple Choce 2.00 $69.00 $74 00 48.00 O Type here to search

Explanation / Answer

Answer is $69.00

Working:

Production - units 9000 Per unit Total Direct material 12 108000 Direct labor 5 45000 Variable manufacturing overheads 4 36000 Fixed manufacturing overheads 432000 Total manufacturing costs 621000 Unit product cost 69

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