The unit product cost under absorption costing is: Sikapin Mo Co. produces a single product that sells for P7.00 per unit. Last year, 100,000 units were produced and 80,000 units were sold. There were no beginning inventories. The company has the following cost structure: Fixed Costs Variable Costs Raw materials Direct labor Factory overhead Selling and administrative a. 2.50 b. 3.00 c. 3.50 d. 4.50 150,000 80,000 P1.50 per unit produced P1.00 per unit produced P0.50 per unit produced P0.50 per unit sold
The unit product cost under absorption costing is: Sikapin Mo Co. produces a single product that sells for P7.00 per unit. Last year, 100,000 units were produced and 80,000 units were sold. There were no beginning inventories. The company has the following cost structure: Fixed Costs Variable Costs Raw materials Direct labor Factory overhead Selling and administrative a. 2.50 b. 3.00 c. 3.50 d. 4.50 150,000 80,000 P1.50 per unit produced P1.00 per unit produced P0.50 per unit produced P0.50 per unit sold
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 5PB: Wrappers Tape makes two products: Simple and Removable. It estimates it will produce 369,991 units...
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Question
![The unit product cost under absorption
costing is:
Sikapin Mo Co. produces a single product that sells for P7.00 per unit. Last year,
100,000 units were produced and 80,000 units were sold. There were no
beginning inventories. The company has the following cost structure:
Fixed Costs Variable Costs
Raw materials
Direct labor
Factory overhead
Selling and administrative
a. 2.50
b. 3.00
c. 3.50
d. 4.50
150,000
80,000
P1.50 per unit produced
P1.00 per unit produced
P0.50 per unit produced
P0.50 per unit sold](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2971f349-16be-4313-b530-016b5d2b9194%2Fb9792208-3536-495f-a948-f455fbbcb950%2Fxeksmtv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The unit product cost under absorption
costing is:
Sikapin Mo Co. produces a single product that sells for P7.00 per unit. Last year,
100,000 units were produced and 80,000 units were sold. There were no
beginning inventories. The company has the following cost structure:
Fixed Costs Variable Costs
Raw materials
Direct labor
Factory overhead
Selling and administrative
a. 2.50
b. 3.00
c. 3.50
d. 4.50
150,000
80,000
P1.50 per unit produced
P1.00 per unit produced
P0.50 per unit produced
P0.50 per unit sold
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