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TF 3 Part b The following data was prepared by the Oriole Company.     Total   Variable   Fixed Sales price   $22/unit         Direct materials used   $82,650         Direct labor   $96,000         Manufacturing overhead   $113,670   $17,910   $95,760 Selling and administrative expense   $22,700   $13,100   $9,600 Units manufactured   25,200 units         Beginning Finished Goods Inventory   19,200 units         Ending Finished Goods Inventory   7,000 units         QUESTION- Under variable costing, what is the unit product cost? (Round answer to 2 decimal places, e.g. 15.25.) Unit product cost

TF 3 Part b The following data was prepared by the Oriole Company.     Total   Variable   Fixed Sales price   $22/unit         Direct materials used   $82,650         Direct labor   $96,000         Manufacturing overhead   $113,670   $17,910   $95,760 Selling and administrative expense   $22,700   $13,100   $9,600 Units manufactured   25,200 units         Beginning Finished Goods Inventory   19,200 units         Ending Finished Goods Inventory   7,000 units         QUESTION- Under variable costing, what is the unit product cost? (Round answer to 2 decimal places, e.g. 15.25.) Unit product cost

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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TF 3 Part b

The following data was prepared by the Oriole Company.

   
Total
  
Variable
  
Fixed
Sales price
   $22/unit        
Direct materials used
   $82,650        
Direct labor
   $96,000        
Manufacturing overhead
   $113,670   $17,910   $95,760
Selling and administrative expense
   $22,700   $13,100   $9,600
Units manufactured
   25,200 units        
Beginning Finished Goods Inventory
   19,200 units        
Ending Finished Goods Inventory
   7,000 units      

 

QUESTION- Under variable costing, what is the unit product cost? (Round answer to 2 decimal places, e.g. 15.25.)

Unit product cost    
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