A manufacturing company that produces a single product has provided the followin

Question

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Units in beginning inventory 0

Units produced 4,000

Units sold 3,900

Units in ending inventory 100

Variable costs per unit:

Direct materials $41

Direct labor $43

Variable manufacturing overhead $6

Variable selling and administrative $4

Fixed costs:

Fixed manufacturing overhead $84,000

Fixed selling and administrative $39,000

What is the variable costing unit product cost for the month?

Explanation / Answer

Production of Units 4000 Material Cost $ 41 per unit Labour Cost $ 43 per unit Variable $ 6 per unit Manufacturing Overheads Variable Selling & $ 4 per unit Distribution Overheads Total Variable Costs $ 94 per unit Variable Costs ( in $) $ 376000

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.