E21-15 (similar to) Question Help Newman, Inc. has collected the following data

ID: 2553618 • Letter: E

Question

E21-15 (similar to) Question Help Newman, Inc. has collected the following data for November(there are no beginning inventories) ?(Click the icon to view the data.) Read the requirements. Requirement 1. Using variable costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Variable 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 Fbxed selling and administrative costs 400 units 225 per unit 48 per unit 74 per unit 10 per unit 6,400 per month 20 per unit 4,675 per month PrintDone Score: 0 ot 10 pts Enter any number in the edit fields and then click Check Answer.

Explanation / Answer

Calculation product variable cost

Direct materials

$48

Direct labour

$74

Variable manufacturing overheads

$10

Total variable cost per unit

$132

Unit Product costs = direct labor, direct material and variable manufacturing overhead