Yankee Doodle Dandy Candy Company manufactures a single product, an awesome chocolate bar. Last year, the company produced 4,000 bars and sold 3,500 of them. They had no candy bars at the beginning of the year. The company has the following costs:

Required:

Calculate the unit product cost, assuming that the company uses variable costing.

Transcribed Image Text:

Variable costs per unit: Production $ 4.00 Selling and administrative $ 1.00 Fixed costs in total: Production $12,000 Selling and administrative $ 8,000