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 $40,500 What is the variable costing unit product cost for the month?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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7-1
Transcribed Image Text:A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Units in beginning inventory
Units produced
4,150
Units sold
4,050
Units in ending inventory
Variable costs per unit:
100
Direct materials
2$
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?
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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