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Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2017, the company incurred the following costs. $7.88 Variable
Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2017, the company incurred the following costs. $7.88 Variable Costs per Unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses $3.62 $6.09 $4.10 Fixed Costs per Year Fixed manufacturing overhead Fixed selling and administrative expenses $234.070 $220,605 Siren Company sells the fishing lures for $26,25. During 2017, the company sold 80,000 lures and produced 89.000 lures. Assuming the company uses variable costing calculate Siren's manufacturing cost per unit for 2017. (Round answer to 2 decimal places, eg:10.50.) Assuming the company uses variable costing, calculate Siren's manufacturing cost per unit for 2017. (Round answer to 2 decimal ploces, e.g. 10.50.) Manufacturing cost per unit $ e Textbook and Media Prepare a variable costing income statement for 2017. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg (45)) SIREN COMPANY Income Statement Variable Costing Question 4 of 4
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