E21-14 (similar to) Question Help Apple, Inc. has collected the following data f

Question

E21-14 (similar to) Question Help Apple, Inc. has collected the following data for November (there are no beginning inventories) EEB (Click the icon to view the data.) Read the requirements. Requirement 1. Using absorption costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Absorption costing Data Table Unit product cost Units produced and sold Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 600 units 300 per unit 57 per unit 82 per unit 10 per unit 9,300 per month 60 per unt 4,525 per month Print Done Enter any number in the edit fields and then click Check Answer.

Explanation / Answer

Unit product cost under Absorption costing :

Direct material 57 Direct labour 82 Variable manufacturing overhead 10 Fixed manufacturing overhead (9300/600) 15.50 Total unit product cosst 164.50

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