Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory $131 0 Units produced 6,700 Units sold 6,400 Units in ending inventory 300 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense What is the unit product cost for the month under variable costing? Multiple Choice $98 per unit $125 per unit $20 $50 $14 $14 $180,900 $ 26,400

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management analysis
Section: Chapter Questions
Problem 5E: On April 30, the end of the first month of operations, Joplin Company prepared the following income...
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Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price
Units in beginning inventory
$131
0
Units produced
6,700
Units sold
6,400
Units in ending inventory
300
Variable costs per unit:
Direct materials
Direct labor
Variable manufacturing overhead
Variable selling and administrative expense
Fixed costs:
Fixed manufacturing overhead
Fixed selling and administrative expense
What is the unit product cost for the month under variable costing?
$20
$50
$14
$14
$180,900
$ 26,400
Multiple Choice
$98 per unit
$125 per unit
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Save & Exit
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Transcribed Image Text:Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory $131 0 Units produced 6,700 Units sold 6,400 Units in ending inventory 300 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense What is the unit product cost for the month under variable costing? $20 $50 $14 $14 $180,900 $ 26,400 Multiple Choice $98 per unit $125 per unit Help Save & Exit Submit
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