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The following information is given for J Corp. for 2021: Selling Price$65/unitDirect Materials$12/unitVariable Selling and Admin.$3/unitUnits Produced1,000Direct Labor$24/unitFixed Overhead$4,000Units Sold900Variable Overhead$10/unitFixed Selling and Admin.$1,200 What
The following information is given for J Corp. for 2021:
Selling Price$65/unitDirect Materials$12/unitVariable Selling and Admin.$3/unitUnits Produced1,000Direct Labor$24/unitFixed Overhead$4,000Units Sold900Variable Overhead$10/unitFixed Selling and Admin.$1,200
What is the product cost per unit using Absorption Costing?
- A.$50.44
- B.$50
- C.$53
- D.$46
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