Q5/Kory's Auto produces and sells an auto part for $60.00 per unit. In 2011,100,000 parts...

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Accounting

Q5/Kory's Auto produces and sells an auto part for $60.00 per unit. In 2011,100,000 parts were produced and 75,000 units were sold. Other information for the year includes:
Direct materials $24.00 per unit
Direct manufacturing labor $ 4.50 per unit
Variable manufacturing costs $ 1.50 per unit
Sales commissions $ 6.00 per part
Fixed manufacturing costs $750,000 per year
Administrative expenses, all fixed $270,000 per year
What is the inventoriable cost per unit using absorption costing?
Group of answer choices
$30.00
$36.00
$37.50
$43.50

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