Baughn Corp whic nas only one product, has prOVided the following data concerning its mos ope $ 115 Selling price Units in beginning inventory Units produced 6,600 Units sold 6,400 Units in ending inventory 200 Variable costs per unit: $ 26 $ 46 $ 7 $ 9 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $105,600 Fixed selling and administrative expense $51,200 What is the unit product cost for the month under variable costing?

Baughn Corp whic nas only one product, has prOVided the following data concerning its mos ope $ 115 Selling price Units in beginning inventory Units produced 6,600 Units sold 6,400 Units in ending inventory 200 Variable costs per unit: $ 26 $ 46 $ 7 $ 9 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $105,600 Fixed selling and administrative expense $51,200 What is the unit product cost for the month under variable costing?

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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Variable costs per unit: Direct materials A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory $ 131 0 3,320 2,890 430 $ 45 Direct labor Variable manufacturing overhead $ 15 $ 7 Variable selling and administrative expense Fixed costs: $ 19 Fixed manufacturing overhead $92,960 Fixed selling and administrative expense $28,900 The total gross margin for the month under absorption costing is:
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