Betsy's Pies, Inc. has provided the following financial information for the​ year:   Finished Goods​ Inventory:   Beginning​ balance, in units 620 Units produced 1,400 Units sold 1,500 Ending​ balance, in units 520 Production​ Costs:   Variable manufacturing costs per unit $50 Total fixed manufacturing costs $50,400   What is the unit product cost for the year using variable​ costing?   A. $86   B. $97   C. $34   D. $50

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Betsy's Pies, Inc. has provided the following financial information for the​ year:
 
Finished Goods​ Inventory:
 
Beginning​ balance, in units
620
Units produced
1,400
Units sold
1,500
Ending​ balance, in units
520
Production​ Costs:
 
Variable manufacturing costs per unit
$50
Total fixed manufacturing costs
$50,400
 
What is the unit product cost for the year using variable​ costing?
 
A.
$86
 
B.
$97
 
C.
$34
 
D.
$50
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