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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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