Question

Use the following information for Short Exercises S21-2 and S21-3.

Martin Company had the folowing costs:

Computing unit product cost, absorption costing

Calculate the unit product cost using absorption costing. Round your answer to the nearest cent.

Units produced
320 units
Direct materials
71 per unit
Direct labor
40 per unit
Variable manufacturing overhead
13 per unit
Fixed manufacturing overhead
7,360 per year
Variable selling and administrative costs
22 per unit
Fixed selling and administrative costs
1,920 per year

Image Transcription

Units produced 320 units Direct materials 71 per unit Direct labor 40 per unit Variable manufacturing overhead 13 per unit Fixed manufacturing overhead 7,360 per year Variable selling and administrative costs 22 per unit Fixed selling and administrative costs 1,920 per year

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