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 Units sold Units in ending inventory Variable costs per unit: 0 4,500 4,400 100 Direct materials $ 51 Direct labor $ 53 Variable manufacturing overhead $ 16 Variable selling and administrative expense $ 14 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $44,000 $94,500 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 Units sold Units in ending inventory Variable costs per unit: 0 4,500 4,400 100 Direct materials $ 51 Direct labor $ 53 Variable manufacturing overhead $ 16 Variable selling and administrative expense $ 14 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $44,000 $94,500 What is the variable costing unit product cost for the month?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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
Units sold
Units in ending inventory
Variable costs per unit:
0
4,500
4,400
100
Direct materials
$
51
Direct labor
$
53
Variable manufacturing overhead
$
16
Variable selling and administrative expense
$
14
Fixed costs:
Fixed manufacturing overhead
Fixed selling and administrative expense
$44,000
$94,500
What is the variable costing unit product cost for the month?
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