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Information from the records of the Conundrum Company for September 2018 was as follows: Sales $307,500 Selling and administrative expenses 52,500 Direct materials used 66,000 Direct labor 75,000 Variable factory overhead 50,000 Factory overhead 51,250   Inventories   Sept. 1, 2018 Sept 30, 2018 Direct materials $ 8,000  $10,500   Work in process 18,750 21,000 Finished goods 17,250 14,250 Conundrum Corporation produced 20,000 units. What are the total variable costs per unit? a.$2.175 b.$6.25 c.$7.05 d.$9.55

Information from the records of the Conundrum Company for September 2018 was as follows: Sales $307,500 Selling and administrative expenses 52,500 Direct materials used 66,000 Direct labor 75,000 Variable factory overhead 50,000 Factory overhead 51,250   Inventories   Sept. 1, 2018 Sept 30, 2018 Direct materials $ 8,000  $10,500   Work in process 18,750 21,000 Finished goods 17,250 14,250 Conundrum Corporation produced 20,000 units. What are the total variable costs per unit? a.$2.175 b.$6.25 c.$7.05 d.$9.55

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 23E: Orinder Company provided the following information for the last calendar year: During the year,...
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  1. Information from the records of the Conundrum Company for September 2018 was as follows:

    Sales $307,500
    Selling and administrative expenses 52,500
    Direct materials used 66,000
    Direct labor 75,000
    Variable factory overhead 50,000
    Factory overhead 51,250

      Inventories
      Sept. 1, 2018 Sept 30, 2018
    Direct materials $ 8,000  $10,500  
    Work in process 18,750 21,000
    Finished goods 17,250 14,250

    Conundrum Corporation produced 20,000 units.

    What are the total variable costs per unit?
    a.$2.175
    b.$6.25
    c.$7.05
    d.$9.55
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