Urban Company reports the following information regarding its production cost: Units produced Direct labor 30,000 units $ 23 per unit Direct materials Variable overhead Fixed overhead $ 28 per unit $ 11 per unit $ 120,000 in total Compute product cost per unit under variable costing. Multiple Choice О $51.00 О $55.00 ○ $62.00 O О $28.00 $23.00

Urban Company reports the following information regarding its production cost: Units produced Direct labor 30,000 units $ 23 per unit Direct materials Variable overhead Fixed overhead $ 28 per unit $ 11 per unit $ 120,000 in total Compute product cost per unit under variable costing. Multiple Choice О $51.00 О $55.00 ○ $62.00 O О $28.00 $23.00

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

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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Urban Company reports the following information regarding its production cost: Units produced Direct labor Direct materials Variable overhead Fixed overhead Compute product cost per unit under variable costing. Multiple Choice O $24.00 $47.46 $54.00 26,000 units $ 19 per unit $ 24 per unit $ 11 per unit $ 116,000 in total $19.00
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Given the following data, calculate product cost per unit under absorption costing. Direct labor Direct materials Variable overhead Fixed overhead Units produced per year Multiple Choice $28.00 per unit $28.60 per unit $30.00 per unit $30.90 per unit $ 17.00 per unit $ 11.00 per unit $ 0.90 per unit $ 100,000 50,000 units
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