Lagle Corporation has provided the following information: Cost per Period Cost per Unit $45.25 3.90 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $4 1.40 $ 7200 1.80 4. 0.30 $ 6600 If 4500 units are sold, the variable cost per unit sold is closest to: O $12.35 O $12.65 O $10,85 $10.55

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 1
Lagle Corporation has provided the following information:
Cost per
Period
Cost per Unit
5.25
$ 3.90
1.40
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Sales commissions
Variable administrative expense
Fixed selling and administrative expense
$ 7200
1.80
0.30
$ 6600
If 4500 units are sold, the variable cost per unit sold is closest to:
$12.35
$12.65
O$10.85
O $10.55
Moving to another question will save this response.
Transcribed Image Text:A Moving to another question will save this response. Question 1 Lagle Corporation has provided the following information: Cost per Period Cost per Unit 5.25 $ 3.90 1.40 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 7200 1.80 0.30 $ 6600 If 4500 units are sold, the variable cost per unit sold is closest to: $12.35 $12.65 O$10.85 O $10.55 Moving to another question will save this response.
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