ray Incorporated, which produces a single product, has provided the following data for its most recent Number of units produced Variable costs per unit: Direct materials 5,700 $ 48 $ 25 $ 9 $ 5 Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $450,300 $501,600 here were no beginning or ending inventories. The variable costing unit product cost was:

FINANCIAL ACCOUNTING
10th Edition
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
5,700
$ 48
$ 25
$ 9
$ 5
Direct labor
Variable manufacturing overhead
Variable selling and administrative expense
Fixed costs:
Fixed manufacturing overhead
Fixed selling and administrative expense
$450,300
$501,600
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 5,700 $ 48 $ 25 $ 9 $ 5 Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $450,300 $501,600 There were no beginning or ending inventories. The variable costing unit product cost was:
Multiple Choice
$161 per unit
$82 per unit
$87 per unit
$78 per unit
Transcribed Image Text:Multiple Choice $161 per unit $82 per unit $87 per unit $78 per unit
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