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Johnson, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements. Requirement
Johnson, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements. Requirement 1. Using absorption costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Absorption costing Unit product cost Data Table - - Requirements 700 units Units produced and sold Sales price Direct materials 1. Using absorption costing, calculate the unit product cost. 2. Prepare an income statement using the traditional format. Direct labor $400 per unit 53 per unit 63 per unit 30 per unit 11,550 per month Print Done Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 20 per unit 4,800 per month Print Done
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