Number of units produced Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense 4,000 $ 39 $ 71 $5 $8 Fixed costs: Fixed manufacturing overhead $220,000 Fixed selling and administrative expense $308,000 here were no beginning or ending inventories. he unit product cost under variable costing was:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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$123 per unit
$115 per unit
$118 per unit
$170 per unit
Transcribed Image Text:O $123 per unit $115 per unit $118 per unit $170 per unit
Caruso 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
Variable manufacturing overhead
Variable selling and administrative
expense
4,000
The unit product cost under variable costing was:
$ 39
$71
$
8
Fixed costs:
Fixed manufacturing overhead
$220,000
Fixed selling and administrative expense $308,000
There were no beginning or ending inventories.
Transcribed Image Text:Caruso 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 Variable manufacturing overhead Variable selling and administrative expense 4,000 The unit product cost under variable costing was: $ 39 $71 $ 8 Fixed costs: Fixed manufacturing overhead $220,000 Fixed selling and administrative expense $308,000 There were no beginning or ending inventories.
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