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Vijay Company reports the following information regarding its production costs. Direct materials $ 9.50 per unit Direct labor $ 19.50 per unit Overhead costs for
Vijay Company reports the following information regarding its production costs.
| Direct materials | $ | 9.50 | per unit |
| Direct labor | $ | 19.50 | per unit |
| Overhead costs for the year | |||
| Variable overhead | $ | 9.50 | per unit |
| Fixed overhead | $ | 112,500 | |
| Units produced | 15,000 | units | |
Compute its product cost per unit under absorption costing.
Compute its product cost per unit under variable costing.
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