Dollar Company incurred the following costs while producing 610 units: direct materials, $6 per unit; direct labor, $21 per unit; variable manufacturing overhead, $16 per unit; total foxed manufacturing overhead costs, $15,250; variable selling and administrative costs, $10 per unit; total fixed selling and administrative costs, $9,150. There are no beginning inventories What is the unit product cost using absorption costing? OA. $68 per unit OB. $53 per unit OC. $43 per unit OD. $93 per unit

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Dollar Company incurred the following costs while producing 610 units: direct materials, $6 per unit; direct labor, $21 per unit; variable manufacturing overhead, $16 per unit; total fixed manufacturing overhead costs, $15,250; variable selling and administrative costs, $10 per unit; total fixed selling and administrative costs, $9,150. There are no beginning inventories.
What is the unit product cost using absorption costing?
O A. $68 per unit
O B. $53 per unit
O C. $43 per unit
OD. $93 per unit
C
Transcribed Image Text:Dollar Company incurred the following costs while producing 610 units: direct materials, $6 per unit; direct labor, $21 per unit; variable manufacturing overhead, $16 per unit; total fixed manufacturing overhead costs, $15,250; variable selling and administrative costs, $10 per unit; total fixed selling and administrative costs, $9,150. There are no beginning inventories. What is the unit product cost using absorption costing? O A. $68 per unit O B. $53 per unit O C. $43 per unit OD. $93 per unit C
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