Lagle Corporation has provided the following information: Cost per Cost per Unit Period Direct materials $5.25 Direct labor $3.90 $1.40 Variable manufacturing overhead Fixed manufacturing overhead Sales commissions $7,200 $1.80 Variable administrative expense $0.30 $6,600 Fixed selling and administrative expense

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Lagle Corporation has provided the following information:
Cost per
Cost per
Unit
Period
Direct materials
$5.25
Direct labor
$3.90
$1.40
Variable manufacturing overhead
Fixed manufacturing overhead
Sales commissions
Variable administrative expense
$7,200
$1.80
$0.30
$6,600
Fixed selling and administrative
expense
If 4,500 units are sold, the variable cost per unit sold is closest to:
Transcribed Image Text:Lagle Corporation has provided the following information: Cost per Cost per Unit Period Direct materials $5.25 Direct labor $3.90 $1.40 Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense $7,200 $1.80 $0.30 $6,600 Fixed selling and administrative expense If 4,500 units are sold, the variable cost per unit sold is closest to:
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