The accounting records for Eisner Manufacturing Company included the following cost information relating to its first year of operations: Direct materials Direct labor Fixed manufacturing overhead Variable manufacturing overhead $ 51,000 $ 88,000 $ 104,000 $ 17,000 Assume the company produced 10,000 units of inventory and sold 6,000 of these units during the year for $182,000. The cost per unit under variable and absorption costing would be, respectively:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The accounting records for Eisner Manufacturing Company included the following cost information relating to its first year of operations:

- Direct materials: $51,000
- Direct labor: $88,000
- Fixed manufacturing overhead: $104,000
- Variable manufacturing overhead: $17,000

Assume the company produced 10,000 units of inventory and sold 6,000 of these units during the year for $182,000. The cost per unit under variable and absorption costing would be, respectively:

**Multiple Choice**
- $4.60 and $11.00.
- $18.60 and $30.00.
Transcribed Image Text:The accounting records for Eisner Manufacturing Company included the following cost information relating to its first year of operations: - Direct materials: $51,000 - Direct labor: $88,000 - Fixed manufacturing overhead: $104,000 - Variable manufacturing overhead: $17,000 Assume the company produced 10,000 units of inventory and sold 6,000 of these units during the year for $182,000. The cost per unit under variable and absorption costing would be, respectively: **Multiple Choice** - $4.60 and $11.00. - $18.60 and $30.00.
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