Homework Answers
Answer
- Product cost per unit = $ 38.50
|
Variable Costing |
|
|
Direct Material |
$9.50 |
|
Direct Labor |
$19.50 |
|
Variable manufacturing overhead |
$9.50 |
|
Fixed manufacturing overhead |
$0.00 |
|
Total product cost |
$38.50 |
- Working
|
Variable Costing: |
|
Product Cost under Variable costing includes direct material cost, direct labor cost, and variable manufacturing overhead only. |
|
Fixed manufacturing overhead do not form part of the Product cost. |
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