McIntosh, Inc. reports the following information: Beginning Finished Goods Inventory 6060 units Units produced 510510 units...
McIntosh, Inc. reports the following information:
|
Beginning Finished Goods Inventory |
6060 |
units |
|
Units produced |
510510 |
units |
|
Units sold |
570570 |
units |
|
Sales price |
$ 160$160 |
per unit |
|
Direct materials |
$ 31$31 |
per unit |
|
Direct labor |
$ 19$19 |
per unit |
|
Variable manufacturing overhead |
$ 13$13 |
per unit |
|
Fixed manufacturing overhead |
$ 11 comma 100$11,100 |
per year |
|
Variable selling and administrative costs |
$ 7$7 |
per unit |
|
Fixed selling and administrative costs |
$ 12 comma 500$12,500 |
per year |
What is the unit product cost using variable costing? (Round your answer to the nearest cent.)
A.
$ 63.00$63.00
B.
$ 53.76$53.76
C.
$ 116.27$116.27
D.
$ 84.76
Homework Answers
|
Unit product cost under variable costing = Direct Materials + Direct Labor + Variable Manufacturing Overhead = 31 + 19"+ 13 = 63 |
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