Question
Hayes Inc. provided the following information for the current year: Beginning inventory140unitsUnits produced790unitsUnits sold834unitsSelling price$190/unitDirect materials$39/unitDirect labor$20/unitVariable manufacturing overhead$19/unitFixed manufacturing overhead$28,440/yearVariable selling/administrative costs$12/unitFixed selling/administrative costs$19,500/year
Hayes Inc. provided the following information for the current year:
Beginning inventory140unitsUnits produced790unitsUnits sold834unitsSelling price$190/unitDirect materials$39/unitDirect labor$20/unitVariable manufacturing overhead$19/unitFixed manufacturing overhead$28,440/yearVariable selling/administrative costs$12/unitFixed selling/administrative costs$19,500/year
What is the unit product cost for the year using variable costing?
Multiple Choice
- $114
- $78
- $90
- $148
- $148
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Essentials Of Accounting
Authors: Leslie Breitner, Robert Anthony
11th Edition
0132744376, 978-0132744379
