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MC Qu. 8-29 Romano Corporation... Romano Corporation has computed the following unit costs for the year just ended: Direct material used $10 Direct labor 15

MC Qu. 8-29 Romano Corporation... Romano Corporation has computed the following unit costs for the year just ended:

Direct material used $10

Direct labor 15

Variable manufacturing overhead 20

Fixed manufacturing overhead 23

Variable selling and administrative cost 6

Fixed selling and administrative cost 27

Under variable costing, each unit of the company's inventory would be carried at:

Multiple Choice $45. $51. $68. $101. None of the answers is correct.

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