Question
Hayes Inc. provided the following information for the current year: Beginning Inv. 300 units units produced 950 units units sold 994 units Selling price $350/unit
Hayes Inc. provided the following information for the current year:
Beginning Inv. 300 units
units produced 950 units
units sold 994 units
Selling price $350/unit
DM $55/unit
DL $36/unit
Variable manufacturing OH $35/unit
Fixed manufacturing OH $49,400 year
Variable selling/administrative costs $28/unit
Fixed selling/administrative costs $35,500 year
What is the unit product cost for the year using variable costing?
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
1st edition
978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
