Company XYZ is a manufacturing company. During the month of March the company produced 100 units. During the same month, the company incurred total direct materials cost and total direct labor costs of $30,000 and $45,000 respectively. The company also incurred manufacturing overhead of $60,000 of which 20% is fixed. Furthermore, the company incurred total selling and administrative costs of $100,000 of which 30% is fixed. How much is the total variable cost per unit? Oa. 1,350 O b. None of the given answers O C. 2,350 O d. 1,930 O e. 1,230

Company XYZ is a manufacturing company. During the month of March the company produced 100 units. During the same month, the company incurred total direct materials cost and total direct labor costs of $30,000 and $45,000 respectively. The company also incurred manufacturing overhead of $60,000 of which 20% is fixed. Furthermore, the company incurred total selling and administrative costs of $100,000 of which 30% is fixed. How much is the total variable cost per unit? Oa. 1,350 O b. None of the given answers O C. 2,350 O d. 1,930 O e. 1,230

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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