Kray Incorporated, which produces a single product, has provided the following data for its most recent month of operations: Number of units produced 5,700 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead. $ 495,900 Fixed selling and administrative expense $ 410,400 There were no beginning or ending inventories. The variable costing unit product cost was: $30 $ 23 $ 14 $ 3

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Kray Incorporated, which produces a single product, has provided the following data for its most recent month of operations:
Number of units produced
Variable costs per unit:
Direct materials
Direct labor
5,700
$ 30
$ 23
$ 14
$ 3
Variable manufacturing overhead
Variable selling and administrative expense
Fixed costs:
Fixed manufacturing overhead
$ 495,900
Fixed selling and administrative expense
$ 410,400
There were no beginning or ending inventories. The variable costing unit product cost was:
Transcribed Image Text:Kray Incorporated, which produces a single product, has provided the following data for its most recent month of operations: Number of units produced Variable costs per unit: Direct materials Direct labor 5,700 $ 30 $ 23 $ 14 $ 3 Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $ 495,900 Fixed selling and administrative expense $ 410,400 There were no beginning or ending inventories. The variable costing unit product cost was:
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