Question
Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Per Unit Per Year Selling price
Assume the following information for a company that produced and sold 10,000 units during its first year of operations:
| Per Unit | Per Year | |
|---|---|---|
| Selling price | $ 200 | |
| Direct materials | $ 68 | |
| Direct labor | $ 50 | |
| Variable manufacturing overhead | $ 11 | |
| Fixed manufacturing overhead | $ 300,000 |
Using variable costing, what is the companys unit product cost?
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International Accounting A User Perspective
Authors: Suadagaran, Shahrokh M, Smith Lawrence Murphy
5th Edition
1531018661, 9781531018665
