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Bonitas Company builds custom fishing lures for sporting goods stores. In its first year of...

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Accounting

Bonitas Company builds custom fishing lures for sporting goods stores. In its first year of
operations, 2022,the company incurred the following costs:
Variable cost per unit
Direct materials $6.85
Direct labour 2.80
Variable manufacturing overhead 5.85
Variable selling and administrative expenses 3.50
Fixed costs for year
Fixed manufacturing overhead $285,000
Fixed selling and administrative expenses 239,700
Bonitas Company sells the fishing lures for $25.00. During 2022,the company produced 95,000
lures and sold 81,700.
Assuming the company uses absorption costing, calculate Bonitas manufacturing cost per unit
for 2022.(Round per unit calculations and final answer to 2 decimal places, e.g.15.25.)
Manufacturing cost $ per unit

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