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Beginning inventory in units 0 Units produced 1,200 Units sold 1,000 Sales...

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Accounting

  1. Beginning inventory in units 0

    Units produced 1,200

    Units sold 1,000

    Sales $100,000

    Direct material cost $ 12,000

    Variable conversion* production cost $ 24,000

    Fixed manufacturing overhead cost $ 18,000

    Selling & administrative costs $ 20,000

    *Includes DL and variable MOH costs

    The product cost per unit using variable costing is:

    a.

    $54.00
    b.

    $45.00
    c.

    $30.00
    d.

    $10.00

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