Aaron Corporation, which has only one product, has provided the following data concerning its most recent month
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Question:
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price | $115 |
Units in beginning inventory | 0 |
Units produced | 6,500 |
Units sold | 6,200 |
Units in ending inventory | 300 |
Variable costs per unit: | |
Direct materials | $16 |
Direct labor | $46 |
Variable manufacturing overhead | $10 |
Variable selling and administrative expense | $10 |
Fixed costs: | |
Fixed manufacturing overhead | $175,500 |
Fixed selling and administrative expense | $ 25,200 |
What is the unit product cost for the month under variable costing?
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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