White Company manufactures a single product and has the following structure: Selling price P 420 Variable costs per unit: Direct materials P 72 Direct labor 96 Variable manufacturing overhead 24 Variable selling & administrative expense 48 Fixed costs per month: Fixed manufacturing overhead P 2,400,000 Fixed selling and administrative 1,400,000 The company produces 24,000 units each month and 23,600 units are sold in a month. What is the unit product cost under variable costing?

White Company manufactures a single product and has the following structure: Selling price P 420 Variable costs per unit: Direct materials P 72 Direct labor 96 Variable manufacturing overhead 24 Variable selling & administrative expense 48 Fixed costs per month: Fixed manufacturing overhead P 2,400,000 Fixed selling and administrative 1,400,000 The company produces 24,000 units each month and 23,600 units are sold in a month. What is the unit product cost under variable costing?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 14EB: Crafts 4 All has these costs associated with production of 12,000 units of accessory products:...

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