Beginning inventory in units 0 Units produced 1,200 Units sold 1,000 Sales...
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Accounting
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 absorption costing is:
| a. | $54.00 | |
| b. | $45.00 | |
| c. | $30.00 | |
| d. | $10.00 |
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