A manufacturing company that produces a single product has provided the followin

Question

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

What is the variable costing unit product cost for the month?

$59 per unit

$55 per unit

$87 per unit

Units in beginning inventory 0 Units produced 8,900 Units sold 8,500 Units in ending inventory 400 Variable costs per unit: Direct materials $ 26 Direct labor $ 25 Variable manufacturing overhead $ 4 Variable selling and administrative expense $ 4 Fixed costs: Fixed manufacturing overhead $ 249,200 Fixed selling and administrative expense $ 17,000

Explanation / Answer

variable costing unit product cost for the month=Direct material+Direct labor+Variable manufacturing overhead

which is equal to

=(26+25+4)

=$55 per unit.

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.