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Use the following information for the question. Concord, Inc. has collected the following data for November: Units produced and sold 500 units Sales Price $50

Use the following information for the question.

Concord, Inc. has collected the following data for November:

Units produced and sold 500 units
Sales Price $50 per unit
Direct materials $64 per unit
Direct Labor $68 per unit
Variable Manufacturing Overhead $26 per unit
Fixed Manufacturing Overhead $7,500 per month
Variable selling and administrative costs $15 per month
Fixed selling and administrative cost $4,400 per month

Computing absorption costing operating income

  1. Using absorption costing, calculate the unit product cost

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