Question: Mini-Exercise 13-6 (Algo) Variable versus absorption costing LO 13-8 The following cost behavior patterns describe anticipated manufacturing costs for 2022: raw material, $7.50/unit; direct labor,
Mini-Exercise 13-6 (Algo) Variable versus absorption costing LO 13-8
The following cost behavior patterns describe anticipated manufacturing costs for 2022: raw material, $7.50/unit; direct labor, $10.50/unit; and manufacturing overhead, $297,500 + $8.50/unit.
Required:
If anticipated production for 2022 is 35,000 units, calculate the unit cost using variable costing and absorption costing.
Note: Round your answers to 2 decimal places.
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