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Mentor Corp. has provided the following information for the current year: Units produced3,500unitsSale price$200per unitDirect materials$70per unitDirect labor$55per unitVariable manufacturing overhead$20per unitFixed manufacturing overhead$350,000per yearVariable

Mentor Corp. has provided the following information for the current year:

Units produced3,500unitsSale price$200per unitDirect materials$70per unitDirect labor$55per unitVariable manufacturing overhead$20per unitFixed manufacturing overhead$350,000per yearVariable selling and administrative costs$30per unitFixed selling and administrative costs$150,000per year

Calculate the unit product cost using variable costing.

Multiple Choice

$145
$245
$55
$275

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