Marble Tech Industries produces handcrafted marble tiles. The company reports the following costs for one of its product lines: ⚫ Direct materials per unit: $8 • ⚫ Direct labor per unit: $5 • Variable manufacturing overhead per unit: $3 ⚫ Fixed manufacturing overhead (total): $90,000 ⚫ Units produced: 15,000 What is the fixed cost per unit based on the current production volume?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...
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I need the correct answer to this general accounting problem using the standard accounting approach.

Marble Tech Industries produces handcrafted marble tiles. The company reports
the following costs for one of its product lines:
⚫ Direct materials per unit: $8
•
⚫ Direct labor per unit: $5
•
Variable manufacturing overhead per unit: $3
⚫ Fixed manufacturing overhead (total): $90,000
⚫ Units produced: 15,000
What is the fixed cost per unit based on the current production volume?
Transcribed Image Text:Marble Tech Industries produces handcrafted marble tiles. The company reports the following costs for one of its product lines: ⚫ Direct materials per unit: $8 • ⚫ Direct labor per unit: $5 • Variable manufacturing overhead per unit: $3 ⚫ Fixed manufacturing overhead (total): $90,000 ⚫ Units produced: 15,000 What is the fixed cost per unit based on the current production volume?
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