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Hayes Inc. provided the following information for the current year: Beginning inventory 230 units Units produced 880 units Units sold 934 units Selling price $
Hayes Inc. provided the following information for the current year:
Beginning inventory | 230 | units | |
Units produced | 880 | units | |
Units sold | 934 | units | |
Selling price | $ | 280 | /unit |
Direct materials | $ | 48 | /unit |
Direct labor | $ | 29 | /unit |
Variable manufacturing overhead | $ | 28 | /unit |
Fixed manufacturing overhead | $ | 39,600 | /year |
Variable selling/administrative costs | $ | 21 | /unit |
Fixed selling/administrative costs | $ | 28,500 | /year |
What is the unit product cost for the year using variable costing?
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