During July, Roy Co. produced 10,000 units. Costs incurred by Roy during the month were as follows:
Question:
During July, Roy Co. produced 10,000 units. Costs incurred by Roy during the month were as follows:
Direct materials ........................................................................$10,000
Direct labor .................................................................................20,000
Variable manufacturing overhead .................................................5,000
Variable selling and administrative ...............................................3,000
Fixed manufacturing overhead ......................................................9,000
Fixed selling and administrative ....................................................4,000
Total ...........................................................................................$51,000
Under absorption costing, any unsold units would be carried in the inventory account at a unit product cost of _____.
Step by Step Answer:
Calculation of unit product cost under Absorption costing Pa...View the full answer
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
