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6) Halco Inc. provided the following information for the current year: Beginning inventory 100 units Units produced 750 units Units sold Selling price Direct materials
6) Halco Inc. provided the following information for the current year: Beginning inventory 100 units Units produced 750 units Units sold Selling price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling/administrative costs Fixed selling/administrative costs 800 units $150/unit $35 /unit $16 /unit $15 /unit $24,000/year $8 /unit $15,500/year What is the unit product cost for the year using absorption costing? A) $98 B) $66 C) $74 D) $96 I
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