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Hayes Inc. provided the following information for the current year: Beginning inventory 180 units Units produced 830 units Units sold 876 units Selling price $
Hayes Inc. provided the following information for the current year:
| Beginning inventory | 180 | units | |
| Units produced | 830 | units | |
| Units sold | 876 | units | |
| Selling price | $ | 230 | /unit |
| Direct materials | $ | 43 | /unit |
| Direct labor | $ | 24 | /unit |
| Variable manufacturing overhead | $ | 23 | /unit |
| Fixed manufacturing overhead | $ | 33,200 | /year |
| Variable selling/administrative costs | $ | 16 | /unit |
| Fixed selling/administrative costs | $ | 23,500 | /year |
What is the unit product cost for the year using variable costing?
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Auditing Principles And Techniques
Authors: Prof. A.R. Solanki
1st Edition
9350533979, 9789350533970
