Atlantic Company has the following data for the production and sale of 3,500 units. Sales Price: $320.00 per unit Fixed Costs: • Marketing and administrative: $245,000 per period ⚫ Manufacturing overhead: $175,000 per period Variable Costs: • • Marketing and administrative: $28.00 per unit ⚫ Manufacturing overhead: $42.50 per unit ⚫ Direct labor: $55.00 per unit . ⚫ Direct material: $95.00 per unit What is the full cost per unit of making and selling the product?
Atlantic Company has the following data for the production and sale of 3,500 units. Sales Price: $320.00 per unit Fixed Costs: • Marketing and administrative: $245,000 per period ⚫ Manufacturing overhead: $175,000 per period Variable Costs: • • Marketing and administrative: $28.00 per unit ⚫ Manufacturing overhead: $42.50 per unit ⚫ Direct labor: $55.00 per unit . ⚫ Direct material: $95.00 per unit What is the full cost per unit of making and selling the product?
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...
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Transcribed Image Text:Atlantic Company has the following data for the production and sale of 3,500
units.
Sales Price: $320.00 per unit Fixed Costs:
•
Marketing and administrative: $245,000 per period
⚫ Manufacturing overhead: $175,000 per period Variable Costs:
•
•
Marketing and administrative: $28.00 per unit
⚫ Manufacturing overhead: $42.50 per unit
⚫ Direct labor: $55.00 per unit
.
⚫ Direct material: $95.00 per unit
What is the full cost per unit of making and selling the product?
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