Magpie LLC produces and sells wooden spatulas for $0.50 per unit. In 2020, 100,200 units...
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Magpie LLC produces and sells wooden spatulas for $0.50 per unit. In 2020, 100,200 units were produced and 98,958 were sold. Other information for the year includes:
| Direct materials | $7.00 per unit |
| Direct manufacturing labor | $9.50 per unit |
| Variable manufacturing costs | $3.80 per unit |
| Sales commissions | $12 per unit |
| Fixed manufacturing costs | $19 per unit |
| Administrative expenses, all fixed | $20 per unit |
What is the inventoriable cost per unit using variable costing?
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