The Singer Company manufactures several different products. Unit costs associated with Product ICT101 are as follows: Direct materials $ 60 Direct manufacturing labor 10 Variable manufacturing overhead 18 Fixed manufacturing overhead 32 Sales commissions (2% of sales) 4 Administrative salaries 16 Total $140 What are the variable costs per unit associated with Product ICT101?
The Singer Company manufactures several different products. Unit costs associated with Product ICT101 are as follows: Direct materials $ 60 Direct manufacturing labor 10 Variable manufacturing overhead 18 Fixed manufacturing overhead 32 Sales commissions (2% of sales) 4 Administrative salaries 16 Total $140 What are the variable costs per unit associated with Product ICT101?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:c Calendar My MCBS Library
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Answer the following questions using the information below:
The Singer Company manufactures several different products. Unit costs
associated with Product ICT101 are as follows:
Direct materials
$60
Direct manufacturing labor
10
Variable manufacturing overhead
18
Fixed manufacturing overhead
32
Sales commissions (2% of sales)
4
Administrative salaries
16
Total
$140
What are the variable costs per unit associated with Product ICT101?
$18
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Ec Calendar My MCBS Library English (en) -
Sales commissions (2% of sales)
4
Administrative salaries
16
Total
$140
What are the variable costs per unit associated with Product ICT101?
a. $18
b. $22
c. $88
d. $92
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