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25During the month of May, a corporation sold 1,000 units. The cost per unit for May was as follows: Cost per Unit Direct materials $
25During the month of May, a corporation sold 1,000 units. The cost per unit for May was as follows: Cost per Unit Direct materials $ 5.50 Direct labor 3.00 Variable manufacturing overhead 1.00 Fixed manufacturing overhead 1.50 Variable administrative costs .50 Fixed administrative costs 3.50 Total $15.00 May's income using absorption costing was $9,500. The income for May, if variable costing had been used, would have been $9,125. The number of units produced during May was A. 750 B. 925 C. 1,075 D. 1,250
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