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Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Per UnitPer YearSelling price$ 200 Direct

Assume the following information for a company that produced and sold 10,000 units during its first year of operations:

Per UnitPer YearSelling price$ 200 Direct materials$ 67 Direct labor$ 50 Variable manufacturing overhead$ 10 Fixed manufacturing overhead $ 300,000

Using absorption costing, what is the companys unit product cost?

Multiple Choice

$157

$127

$147

$117

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