Question: 5110 Chapter 8 Using the following information, answer the questions below: Direct Materials Direct Labor Variable MOH Fixed MOH Variable Selling & Administrative $15 $20

5110 Chapter 8 Using the following information, answer the questions below:

5110 Chapter 8 Using the following information, answer the questions below: Direct Materials Direct Labor Variable MOH Fixed MOH Variable Selling & Administrative $15 $20 $10 $50,000 $1 Fixed Selling & Administrative $30,000 Units Produced and Sold Selling Price 10,000 $100 per unit A. What is the cost per unit under the absorption method? Prepare the income statement. B. What is the cost per unit under the variable method? Prepare the income statement

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