Zaria Inc. provides the following cost information for producing 10,000 units of inventory during the current month: Cost Information for Producing 10,000 Units Accounts Amount Direct materials costs $30,000 Direct labor costs $55,000 Variable manufacturing overhead costs $20,000 Fixed manufacturing overhead costs $25,000 Variable Selling and Administrative expenses $15,000 Fixed Selling and Administrative expenses $10,000 The product costs per unit under variable costing would be: Group of answer choices $10.50 per unit $13 per unit $15.50 per unit $12 per unit
Zaria Inc. provides the following cost information for producing 10,000 units of inventory during the current month: Cost Information for Producing 10,000 Units Accounts Amount Direct materials costs $30,000 Direct labor costs $55,000 Variable manufacturing overhead costs $20,000 Fixed manufacturing overhead costs $25,000 Variable Selling and Administrative expenses $15,000 Fixed Selling and Administrative expenses $10,000 The product costs per unit under variable costing would be: Group of answer choices $10.50 per unit $13 per unit $15.50 per unit $12 per unit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Zaria Inc. provides the following cost information for producing 10,000 units of inventory during the current month:
Cost Information for Producing 10,000 Units| Accounts | Amount |
|---|---|
| Direct materials costs | $30,000 |
| Direct labor costs | $55,000 |
| Variable |
$20,000 |
| Fixed manufacturing overhead costs | $25,000 |
| Variable Selling and Administrative expenses | $15,000 |
| Fixed Selling and Administrative expenses | $10,000 |
The product costs per unit under variable costing would be:
Group of answer choices
$10.50 per unit
$13 per unit
$15.50 per unit
$12 per unit
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