Company XYZ is a manufacturing company. During the month of March the company produced 100 units. During the same month, the company incurred total direct materials cost and total direct labor costs of $30,000 and $45,000 respectively. The company also incurred manufacturing overhead of $60,000 of which 30% is fixed. Furthermore, the company incurred total selling and administrative costs of $100,000 of which 35% is fixed. 

How much is the total variable cost per unit?

Answer rating: 100% (QA)

To calculate the total variable cost per unit we need to determine the total variable costs incurred ... View the full answer