BioClinic sells its product for $80 per unit. During 2025, it produced 120,000 units and sold 105,000 units. Costs per unit are: direct materials $25, direct labor $10, variable overhead $5. and variable operating expenses $3. Fixed costs are $840,000 manufacturing overhead, and $75,000 operating expenses. Assuming no variances were reported, no beginning inventory and the company uses absorption costing, how much is the per unit product cost? $47 $40 $50 O $43
BioClinic sells its product for $80 per unit. During 2025, it produced 120,000 units and sold 105,000 units. Costs per unit are: direct materials $25, direct labor $10, variable overhead $5. and variable operating expenses $3. Fixed costs are $840,000 manufacturing overhead, and $75,000 operating expenses. Assuming no variances were reported, no beginning inventory and the company uses absorption costing, how much is the per unit product cost? $47 $40 $50 O $43
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![BioClinic sells its product for $80 per unit. During 2025, it produced 120,000 units and sold
105,000 units. Costs per unit are: direct materials $25, direct labor $10, variable overhead $5.
and variable operating expenses $3. Fixed costs are $840,000 manufacturing overhead, and
$75,000 operating expenses. Assuming no variances were reported, no beginning inventory and
the company uses absorption costing, how much is the per unit product cost?
$47
O $40
O $50
$43](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F32c0cfc8-ebc2-43a6-9c48-ae841504d819%2Fc7a168a0-2cd9-41c6-b7b0-40bd86182f36%2Fp1mur82_processed.jpeg&w=3840&q=75)
Transcribed Image Text:BioClinic sells its product for $80 per unit. During 2025, it produced 120,000 units and sold
105,000 units. Costs per unit are: direct materials $25, direct labor $10, variable overhead $5.
and variable operating expenses $3. Fixed costs are $840,000 manufacturing overhead, and
$75,000 operating expenses. Assuming no variances were reported, no beginning inventory and
the company uses absorption costing, how much is the per unit product cost?
$47
O $40
O $50
$43
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