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Hossack Corporation produces a single product and has the following cost structure: Number of units produced each year 3,000 Variable costs per unit: Direct materials
Hossack Corporation produces a single product and has the following cost structure:
Number of units produced each year | 3,000 |
Variable costs per unit: | |
Direct materials | $17 |
Direct labor | $85 |
Variable manufacturing overhead | $1 |
Variable selling and administrative expenses | $8 |
Fixed costs per year: | |
Fixed manufacturing overhead | $90,000 |
Fixed selling and administrative expenses | $270,000 |
The unit product cost under variable costing is:
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