Concept explainers
Use the following information for Short Exercises S21A-20 and S21A-21.
Matthew Company had the following costs:
Units produced 310 units
Direct materials $76 per unit
Direct labor 33 per unit
Variable manufacturing
Fixed manufacturing overhead 6,200 per year
Variable selling and administrative costs 20 per unit
Fixed selling and administrative costs 3,100 per year
S21A-20 Computing unit product cost, absorption costing
Calculate the unit product cost using absorption costing. Round your answer to the nearest cent.
S21A-21 Computing unit product cost, variable costing
Calculate the unit product cost using variable costing. Round your answer to the nearest cent.
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