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A company has only one product and has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials $ 111 300 2,000 2,200 100 Direct labor Variable manufacturing overhead Variable selling and administrative expense $ $ $ $ 33 30 4 9 Fixed costs: Fixed manufacturing overhead $34,000 Fixed selling and administrative expense $39,600 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total f costs have been constant from month to month. What is the unit product cost for the month under variable costing?

A company has only one product and has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials $ 111 300 2,000 2,200 100 Direct labor Variable manufacturing overhead Variable selling and administrative expense $ $ $ $ 33 30 4 9 Fixed costs: Fixed manufacturing overhead $34,000 Fixed selling and administrative expense $39,600 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total f costs have been constant from month to month. What is the unit product cost for the month under variable costing?

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter10: Cost Analysis For Management Decision Making
Section: Chapter Questions
Problem 4E: The following production data came from the records of Olympic Enterprises for the year ended...
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The company’s variable costs per unit and total fixed costs have been constant from month to month
A company has only one product and has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials $ 111 300 2,000 2,200 100 Direct labor Variable manufacturing overhead Variable selling and administrative expense $ $ $ $ 33 30 4 9 Fixed costs: Fixed manufacturing overhead $34,000 Fixed selling and administrative expense $39,600 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total f costs have been constant from month to month. What is the unit product cost for the month under variable costing?
Transcribed Image Text:A company has only one product and has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials $ 111 300 2,000 2,200 100 Direct labor Variable manufacturing overhead Variable selling and administrative expense $ $ $ $ 33 30 4 9 Fixed costs: Fixed manufacturing overhead $34,000 Fixed selling and administrative expense $39,600 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total f costs have been constant from month to month. What is the unit product cost for the month under variable costing?
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