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During October, SIMPly Industrial produced 35,000 units of product with costs as follows: ...

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Accounting

During October, SIMPly Industrial produced 35,000 units of product with costs as follows:

Direct materials

$84,000

Direct labour

43,000

Variable overhead

13,000

Fixed overhead

147,000

$287,000

What is SIMPlys unit cost for October, calculated on the variable costing basis?

1)

$3.25

2)

$3.75

3)

$4.00

4)

$4.50

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