le Edit View History Develop WindowHelp apter 6 Homework Required information Th

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le Edit View History Develop WindowHelp apter 6 Homework Required information The following information applies to the questions displayed below Cool Sky reports the following costing data on its product produced 44,000 units and sold 36,000 units at a price of $130 per unit for its first year of operations. During this first year, the company 75 Manufacturing coat Direct materials per unit $ 54 Variable overhead per unit Fixed overhead for the year $484,000 Selling and adainiatrative coats Variable sellisg and administrative coat per unit rixed selling and adninistrative cogt per year 120,000 1a. Assume the company uses absorption costing. Determine its product cost per unit Cost per unt Prev 12340,4Next > MacBook Air Fs F6

Explanation / Answer

1a.

Per unit product cost using: Absorption costing Direct materials per unit $54 Direct labor per unit $20 Variable overhead per unit $6 Fixed overhead per unit($484,000 / 44,000) $11 Cost per unit $91

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