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Ing Corporation, which has only one product, has provided the following data concerning its most ...

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Ing Corporation, which has only one product, has provided the following data concerning its most ...

Ing Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price	$ 159
Units in beginning inventory	0
Units produced	7,800
Units sold	7,700
Units in ending inventory	100

Variable costs per unit:
Direct materials	$ 47
Direct labor	$ 50
Variable manufacturing overhead	$ 2
Variable selling and administrative expense	$ 9
Fixed costs:
Fixed manufacturing overhead	$304,200
Fixed selling and administrative expense	$ 84,700

What is the unit product cost for the month under variable costing?

▸ $99 per unit

▸ $138 per unit

▸ $108 per unit

▸ $147 per unit

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

Read 136 times

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