Homework Answers
Option B.
Unit cost under absorption costing.
| Direct materials per unit (241575/32210) |
$7.5 |
| Direct labor per unit (157829/32210) |
$4.9 |
| Variable overhead per unit (251238/32210) |
$7.8 |
| Fixed overhead per unit (418730/32210) |
$13 |
| Total unit cost |
$33.2 |
Inventory at the end:
Opening Inventory. 0 units
+ Manufactured units. 32210 units
- Sold units. 26700 units
Ending inventory. 5510 units
So, Ending inventory cost = Units of inventory at end * Cost per unit
==> 5510 units * $33.2 / unit
==> $182932.
All manufacturing costs are to be considered.
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