12. Company XYZ is a manufacturing company. During the month of March the company produced 100 units. During the same month, the company incurred total direct materials cost and total direct labor costs of $ 30,000 and $ 45,000 respectively. The company also incurred manufacturing overhead of $ 60,000 of which 20% is fixed. Furthermore, the company incurred total selling and administrative costs of $ 100,000 of which 30% is fixed. How much is the total variable cost per unit?
12. Company XYZ is a manufacturing company. During the month of March the company produced 100 units. During the same month, the company incurred total direct materials cost and total direct labor costs of $ 30,000 and $ 45,000 respectively. The company also incurred manufacturing overhead of $ 60,000 of which 20% is fixed. Furthermore, the company incurred total selling and administrative costs of $ 100,000 of which 30% is fixed. How much is the total variable cost per unit?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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12. Company XYZ is a manufacturing company. During the month of March the company produced 100 units. During the same month, the company incurred total direct materials cost and total direct labor costs of $ 30,000 and $ 45,000 respectively. The company also incurred manufacturing overhead of $ 60,000 of which 20% is fixed. Furthermore, the company incurred total selling and administrative costs of $ 100,000 of which 30% is fixed. How much is the total variable cost per unit?
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