Khanam Corporation, which has only one product, has provided the following data for its most recent month
Fantastic news! We've Found the answer you've been seeking!
Question:
Khanam Corporation, which has only one product, has provided the following data for its most recent month of operations: |
Sale price | $159 |
Units in beginning inventory | 0 |
Units produced | 7,050 |
units sold | 6,750 |
Units in ending inventory | 300 |
Variable costs per unit: | |
Direct materials | $27 |
Direct labour | $57 |
Variable manufacturing overhead | $21 |
Variable selling and administration | $21 |
Fixed costs: | |
Fixed manufacturing costs | $190,350 |
Fixed and administrative sales | $28,500 |
The company produces the same number of units each month, even though unit sales vary from month to month. The firm's variable costs per unit and total fixed costs have been constant from month to month. |
What is the unit cost of the product for the month under absorption cost?
Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date: