Question: What is the per unit manufacturing cost under variable costing? Vincent Manufacturing sells its product for $95 per unit. During 2023, it produced 120,000 units

What is the per unit manufacturing cost under variable costing?

What is the per unit manufacturing cost under
Vincent Manufacturing sells its product for $95 per unit. During 2023, it produced 120,000 units and sold 105,000 units (there was no beginning inventory). The cost per unit is as follows: e Direct materials = $24 e Direct labor = $16 e Variable overhead = $8 The fixed costs are: e Fixed manufacturing overhead = $1,200,000 eFixed' selling and administrative expenses = $180,000 What is the per-unit manufacturing cost under variable costing

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!