Assume the following information for a company that produced and sold $10,000$ units during its first year of operations:

Per Unit Per Year

Selling price $ $200$

Direct materials $ $70$

Direct labor $ $50$

Variable manufacturing overhead $ $8$

Fixed manufacturing overhead $ $300,000$

Using variable costing, what is the company$$s unit product cost?

Answer rating: 100% (QA)

To calculate the unit product cost using variable costing we need to sum up the direct material... View the full answer