Kray Inc., which produces a single product, has provided the following data for its most...
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Accounting
Kray Inc., which produces a single product, has provided the following data for its most recent month of operations:
| Number of units produced | 4,100 | |
| Variable costs per unit: | ||
| Direct materials | $ | 42 |
| Direct labor | $ | 26 |
| Variable manufacturing overhead | $ | 12 |
| Variable selling and administrative expense | $ | 5 |
| Fixed costs: | ||
| Fixed manufacturing overhead | $ | 319,800 |
| Fixed selling and administrative expense | $ | 291,100 |
There were no beginning or ending inventories. The variable costing unit product cost was:
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You can see the logs in the Dashboard.