2-16

2-16 QUESTION 16 Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $92 Units in beginning inventory Units produced 8,700 Units sold 8,300 Units in ending inventory 400 Variable costs per unit: Direct materials $13 Direct labor S55 Variable manufacturing overhead $1 Variable selling and administrative $5 Fixed costs: Fixed manufacturing overhead $130,500 Fixed selling and administrative $8,300 What is the unit product cost for the month under variable costing? $69 per unit $84 per unit $89 per unit $74 per unit