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Use the following information for questions # of units produced 6,600 Variable Costs per Unit: Direct Materials $46 Direct Labor $16 Variable Manufacturing Overhead $8

Use the following information for questions

# of units produced 6,600
Variable Costs per Unit:
Direct Materials $46
Direct Labor $16
Variable Manufacturing Overhead $8
Variable Selling & Admin. Expense $4
Fixed Costs per year:
Fixed Manufacturing Overhead $234,300
Fixed Selling & Admin $161,700

The Absorption Costing Unit Product Cost is:

Group of answer choices

$100.20

$105.50

$74

$70

The Variable Costing Unit Product Cost is:

Group of answer choices

$70

$74

$105.50

$100.20

If 6,000 units are sold during the period, total period cost under variable costing would be:

Group of answer choices

$188,100

$396,000

$422,400

$420,000

If 6,000 units are sold during the period, total period cost under absorption costing would be:

Group of answer choices

$188,100

$185,700

$234,300

$422,400

If 6,000 units are sold during the period, net income under the absorption costing approach will be:

Group of answer choices

$15,750 lower than net income under the variable costing approach

$15,750 higher than net income under the variable costing approach

$21,300 higher than net income under the variable costing approach

$21,300 lower than net income under the variable costing approach

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