Question
ACME Manufacturing Company has provided the following data concerning its most recent month of operations: units in beginning inventory 0 units produced 7,300 units sold
ACME Manufacturing Company has provided the following data concerning its most recent month of operations:
| units in beginning inventory | 0 |
| units produced | 7,300 |
| units sold | 6,800 |
| units in ending inventory | 500 |
| selling price per unit | $200 |
| variable costs per unit: | |
| DM | $29 |
| DL | $49 |
| MOH | $5 |
| selling & administrative | $4 |
| Fixed costs: | |
| MOH | $94,900 |
| selling & administrative | $79,200 |
Calculate the per unit product cost using absorption costing:
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
