Bonita's production company used standard costing in its first year of operations. The company's budgeted and actual production for the year was 5,500 units. Fixed production costs were budgeted at $60,500, while fixed operating expenses were budgeted at $42,000. The variable manufacturing cost per unit was $20, and the variable operating expense per unit was $6. At the end of the year, Bonita is working on the company's absorption costing income statement. Sales for the year were 4,000 units at a selling price of $49 per unit. There were no standard cost variances this year. (a) Calculate the cost per unit that Bonita will capitalize into inventory this year. Inventory cost per unit $

Bonita's production company used standard costing in its first year of operations. The company's budgeted and actual production for the year was 5,500 units. Fixed production costs were budgeted at $60,500, while fixed operating expenses were budgeted at $42,000. The variable manufacturing cost per unit was $20, and the variable operating expense per unit was $6. At the end of the year, Bonita is working on the company's absorption costing income statement. Sales for the year were 4,000 units at a selling price of $49 per unit. There were no standard cost variances this year. (a) Calculate the cost per unit that Bonita will capitalize into inventory this year