Current Attempt in Progress Sunland Company sells its product for $90 per unit. During 2019, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $25, direct labor $12, and variable overhead $1. Fixed costs are: $720000 manufacturing overhead, and $90000 selling and administrative expenses. The per unit manufacturing cost under absorption costing is $37. $52. $38. $50.

Question
Current Attempt in Progress
Sunland Company sells its product for $90 per unit. During 2019, it produced 60000 units and
sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $25,
direct labor $12, and variable overhead $1. Fixed costs are: $720000 manufacturing overhead,
and $90000 selling and administrative expenses. The per unit manufacturing cost under
absorption costing is
$37.
$52.
$38.
$50.
Expand
Transcribed Image Text

Current Attempt in Progress Sunland Company sells its product for $90 per unit. During 2019, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $25, direct labor $12, and variable overhead $1. Fixed costs are: $720000 manufacturing overhead, and $90000 selling and administrative expenses. The per unit manufacturing cost under absorption costing is $37. $52. $38. $50.

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