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Secure https/www.mathxl.com/Student/PlayerTest.aspx/testld-1813881238kcenterwin-yes Principles of Accounting II next Quiz: Quiz 4 Spring 2018 Time Remaining: 00:3258 Submit Qui This Question: 1 pt 29 of 40 (23 complete) This Quiz: 40 pts possi Mike Company had the following costs EE (Cick on the icon to view the data) Calculate the unit product cost using variable costing. Round your answer to the nearest cent and enter the amounts to compute the unit product cost using vaiable costing (If a box is not used in the table leave the box empty, do not select a label or enter a zero) Variable Costing Total unit product cost i Data Table 370 units Units produced Direct materials Direct labor Variable manufacturing overhead Fixed manufactuning overhead Variable seling and administrative costs Foxed selling and administrative costs 70 per unt 40 per unit 15 per unit 7,030 per year 27 per unt 1,110 per year Print Done Choose from any list or enter any number in the input fielkds and then continue to the next question 2-26 PM

Explanation / Answer

UNIT PRODUCT COST UNDER VARIABL C OSTING; Direct Material 70 Direct Labour 40 Variable manufacturing Oh 15 Fixeed Manufacturing Oh 0 Total Unit product cost 125

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