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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced Units sold 0 4,250 4,150 100 Units in ending inventory Variable costs per unit: Direct materials $46 Direct labor $48 Variable manufacturing overhead $11 Variable selling and administrative expense $9 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $89,250 $ 41,500 1. What is the variable costing unit product cost for the month? 2. What is the absorption costing unit product cost for the month?
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced 0 4,250 Units sold 4,150 Units in ending inventory 100 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $46 $ 48 $ 11 $9 $ 89,250 $ 41,500 1. What is the variable costing unit product cost for the month? 2. What is the absorption costing unit product cost for the month?
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