Question: Quick Study 6-2 Computing unit cost under variable costing LO P1 Vijay Company reports the following information regarding its production costs. Direct materials $ 10
Quick Study 6-2 Computing unit cost under variable costing LO P1
| Vijay Company reports the following information regarding its production costs. |
| Direct materials | $ | 10 | per unit |
| Direct labor | $ | 20 | per unit |
| Overhead costs for the year | |||
| Variable overhead | $ | 10 | per unit |
| Fixed overhead | $ | 160,000 | |
| Units produced | 20,000 | units | |
| Compute the production cost per unit under variable costing. |
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