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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced 4,150 Units sold 4,050 Units in ending inventory Variable costs per unit: 100 Direct materials 2$ 44 Direct labor 2$ 46 Variable manufacturing overhead Variable selling and administrative expense 2$ 2$ 7 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $87,150 $40,500 What is the variable costing unit product cost for the month?

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced 4,150 Units sold 4,050 Units in ending inventory Variable costs per unit: 100 Direct materials 2$ 44 Direct labor 2$ 46 Variable manufacturing overhead Variable selling and administrative expense 2$ 2$ 7 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $87,150 $40,500 What is the variable costing unit product cost for the month?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced 4,150 Units sold 4,050 Units in ending inventory Variable costs per unit: 100 Direct materials 2$ 2$ 44 Direct labor 46 Variable manufacturing overhead Variable selling and administrative expense 2$ 9 $4 7 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $87,150 $40,500 What is the variable costing unit product cost for the month?
Transcribed Image Text:A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced 4,150 Units sold 4,050 Units in ending inventory Variable costs per unit: 100 Direct materials 2$ 2$ 44 Direct labor 46 Variable manufacturing overhead Variable selling and administrative expense 2$ 9 $4 7 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $87,150 $40,500 What is the variable costing unit product cost for the month?
What is the variable costing unit product cost for the month? Multiple Choice $106 per unit $127 per unit $99 per unit $117 per unit
Transcribed Image Text:What is the variable costing unit product cost for the month? Multiple Choice $106 per unit $127 per unit $99 per unit $117 per unit
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