Findus Foods company produced 370,000 units and sold 310,000 units at a sales price of $50 per unit. There were no units in beginning inventory. Cost information for this period is shown in the following table: Production costs Direct materials Direct labor Variable overhead Fixed overhead Non production costs Variable selling and administrative Fixed selling and administrative Costs $2.00 per unit 65 $.80 per unit $814,000 in total $481,000 in total $78,000 in total $210,000 in total What is the product cost per unit under absorption costing?

Findus Foods company produced 370,000 units and sold 310,000 units at a sales price of $50 per unit. There were no units in beginning inventory. Cost information for this period is shown in the following table: Production costs Direct materials Direct labor Variable overhead Fixed overhead Non production costs Variable selling and administrative Fixed selling and administrative Costs $2.00 per unit 65 $.80 per unit $814,000 in total $481,000 in total $78,000 in total $210,000 in total What is the product cost per unit under absorption costing?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 14EA: Cool Pool has these costs associated with production of 20,000 units of accessory products: direct...

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