Company XYZ produced and sold $1,000 units. The total direct materials cost was $1,000, the direct labor cost was $3,000, the manufacturing overhead cost was $5,000. The variable selling and administrative cost was $7,000 while the fixed selling and administrative expenses was $3,000. How much is the unit product cost in ($)? Select one: O a. 16 O b. 4 O c. 19 O d. None of the given answers O e. 9

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Company XYZ produced and sold $1,000 units. The total direct
materials cost was $1,000, the direct labor cost was $3,000, the
manufacturing overhead cost was $5,000. The variable selling and
administrative cost was $7,000 while the fixed selling and
administrative expenses was $3,000. How much is the unit product
cost in ($)?
Select one:
О а. 16
O b. 4
О с. 19
O d. None of the given answers
O e. 9
Transcribed Image Text:Company XYZ produced and sold $1,000 units. The total direct materials cost was $1,000, the direct labor cost was $3,000, the manufacturing overhead cost was $5,000. The variable selling and administrative cost was $7,000 while the fixed selling and administrative expenses was $3,000. How much is the unit product cost in ($)? Select one: О а. 16 O b. 4 О с. 19 O d. None of the given answers O e. 9
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