Beginning inventory Units produced 45,000 Units sold 40,000 $ 81 Selling price per unit Selling and administrative expenses: $ 2 $ 561,000 Variable per unit Fixed (per month)

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 11MC: Beginning inventory and direct material cost added during the month total $55,000. What is the value...
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unit cost under variable costing.
Beginning inventory
Units produced
45,000
Units sold
40,000
Selling price per unit
Selling and administrative expenses:
$81
Variable per unit
$ 2
$ 561,000
Fixed (per month)
Manufacturing costs:
Direct materials cost per unit
$ 15
$ 9
Variable manufacturing overhead cost per unit $ 2
Direct labor cost per unit
Fixed manufacturing overhead cost (per month) $ 720,000
Transcribed Image Text:Beginning inventory Units produced 45,000 Units sold 40,000 Selling price per unit Selling and administrative expenses: $81 Variable per unit $ 2 $ 561,000 Fixed (per month) Manufacturing costs: Direct materials cost per unit $ 15 $ 9 Variable manufacturing overhead cost per unit $ 2 Direct labor cost per unit Fixed manufacturing overhead cost (per month) $ 720,000
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