13) 13) Kiffen Goods, Inc produces a single product has provided the following data concering its most recent month of operations Units in beginning inventory. 0 Units produced 4,000 Units sold 3,900 Units in ending inventory 100 Variable costs per unit: Direct materials $41 Direct labor..... Variable manufacturing overhead Variable selling and administrative... Fixed costs: $84,000 Fixed manufacturing overhead... Fixed selling and administrative. $43 $6 $4 $39,000 What is the variable costing unit product cost for the month? A) $115 per unit B) $94 per unit C) $111 per unit D) $90 per unit 14) Under which of the following conditions will the FIFO method of process costing result 14) in the same amount of cost being transferred to the next department as the weighted average method? A) When there is no ending inventory. B) When the beginning and ending inventories are each fifty percent complete. C) When there is no beginning inventory. D) When units in the beginning inventory are all completed and transferred out during the period. 15) 15) When "available time" (i.e., setup-hours) is used to calculate a cost of a resource and to allocate costs to cost objects, the system is called: A) process costing B) duration driver activity based costing C) job costing D) hybrid costing