Given the following: Units in beginning inventory...... Units produced. Units sold . 7,000 6,900 100 Units in ending inventory. Variable costs Direct materials... Direct labor......... Variable manufacturing overhead. Variable selling and administrative. Fixed costs: Fixed manufacturing overhead Fixed selling and administrative. per unit: $46 $41 S3 $9 $28,000 $75,900 What is the variable costing unit product cost?

Given the following: Units in beginning inventory...... Units produced. Units sold . 7,000 6,900 100 Units in ending inventory. Variable costs Direct materials... Direct labor......... Variable manufacturing overhead. Variable selling and administrative. Fixed costs: Fixed manufacturing overhead Fixed selling and administrative. per unit: $46 $41 S3 $9 $28,000 $75,900 What is the variable costing unit product cost?

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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