Khanam Corporation, which has only one product, has provided the following data concerning its most recent month of operations Selling price $151 Units in beginning inventory 0 Units produced 6,950 Units sold 6,650 Units in ending inventory 300 Variable costs per unit Direct materials $25 Direct labor $55 Variable manufacturing overhead $19 Variable selling and administrative $19 Fixed costs Fixed manufacturing overhead $187,650 Fixed selling and administrative $27,900 The company produces the same number of units every month, although the sales in units vary from month to month The company's variable costs per unit and total fixed costs have been constant from month to month What is the unit product cost for the month under absorption costing

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Posted on Oct 01, 2024

Khanam Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $151 Units in beginning

Khanam Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price	$151
Units in beginning inventory	0
Units produced	6,950
Units sold	6,650
Units in ending inventory	300
Variable costs per unit:
Direct materials	$25
Direct labor	$55
Variable manufacturing overhead	$19
Variable selling and administrative	$19
Fixed costs:
Fixed manufacturing overhead	$187,650
Fixed selling and administrative	$27,900

The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month.

What is the unit product cost for the month under absorption costing?