S21-3 (similar to) Question Help Mel Company had the following costs: ?(Click on

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S21-3 (similar to) Question Help Mel Company had the following costs: ?(Click on the icon to view the data.) Calculate the unit product cost using variable costing. Round your answer to the nearest cent Select the labels and enter the amounts to compute the unit product cost using variable costing. (f a box is not used in the table leave the box empty, do not select a label or enter a zero.) Variable Costing Data Table Direct labor Units produced Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 360 units 74 per unit 36 per unit 8 per unit 9,360 per year 25 per unit 3,240 per year Total unit product cost Print Done Choose from any list or enter any number in the input fields and then click Check Answer.

Explanation / Answer

Unit product cost under variable costing :

Variable costing Direct material 74 Direct labour 36 Variable manufacturing overhead 8 Total unit product cost 118

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