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Bitonti Corporation has provided the following data for its most recent year of ...

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Bitonti Corporation has provided the following data for its most recent year of ...

Bitonti Corporation has provided the following data for its most recent year of operation:

Manufacturing costs:
Variable manufacturing cost per unit produced:
Direct materials	$ 9
Direct labor	$ 7
Variable manufacturing overhead	$ 5
Fixed manufacturing overhead per year	$156,000
Selling and administrative expenses:
Variable selling and administrative expense per unit sold	$ 5
Fixed selling and administrative expense per year	$ 81,000

Units in beginning inventory	0
Units produced during the year	12,000
Units sold during the year	11,000
Units in ending inventory	1,000

The unit product cost under absorption costing is closest to:

▸ $34.00

▸ $21.00

▸ $13.00

▸ $39.00

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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