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The Cider Company experienced the following costs in 2011: Direct materials: $2.65/unit Direct Labor: $1.80/unit Variable manufacturing overhead: $3.25/unit Variable selling: $1.15/unit Fixed manufacturing overhead:
The Cider Company experienced the following costs in 2011: Direct materials: $2.65/unit Direct Labor: $1.80/unit Variable manufacturing overhead: $3.25/unit Variable selling: $1.15/unit Fixed manufacturing overhead: $94,000 Fixed Selling: $35,000 Fixed Administrative: $10,000 During the year the company manufactured 47,000 units and sold 40,000 units. How much is the average unit product cost using full costing? $7.70 $9.70 $8.85 $10.85 For full costing, I know that I have to use both variable and fixed, but I am not sure how to make it work. My answers are not like the four choices above
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