29. Charl Company produces mantel clocks and sells them at $198 per unit. In 2021, 49443 clocks...
Question:
29.
Charl Company produces mantel clocks and sells them at $198 per unit. In 2021, 49443 clocks were produced and 38056 were sold. Other information for the year includes:
Direct materials $40 per unit
Direct manufacturing labour $7.30 per unit
Variable manufacturing costs $4.82 per unit
Sales commissions $14.10 per part
Fixed manufacturing costs $64.74 per unit
Administrative expenses, all fixed $38.50 per unit
What is the inventoriable cost per unit using variable costing method? (Round the final answer to 2 decimal places.)
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso