Seel Manufacturing produces a single product, LED lighbulbs. They reported the following information from their...

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Accounting

Seel Manufacturing produces a single product, LED lighbulbs. They reported the following information from their operations last period:

Cost of Direct Materials used in production

$20,000

Cost of Direct Labor wages

$15,000

Variable Manufacturing Overhead

$10,000

Fixed Manufacturing Overhead

$50,000

Total units produced

10,000

Under variable costing, what was the per-unit cost of the units produced? Explain how you got this answer

Under absorption costing, what was the per-unit cost of the units produced? Explain how you got this answer.

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