Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0...
Advanced Company reports the following information for the
current year. All beginning inventory amounts equaled $0 this
year.
Units produced this year 34,000 units
Units sold this year 20,400 units
Direct materials $ 18 per unit
Direct labor $ 20 per unit
Variable overhead $ 102,000 in total
Fixed overhead $ 170,000 in total
Given Advanced Company's data, compute cost per unit of finished goods under variable costing.
-
$38.00
-
$43.00
-
$39.88
-
$41.00
-
$46.00
Homework Answers
$41
Cost per unit = Direct Material per unit + Direct labour per unit + Variable Overhead per unit
= $18+$20+{$102,000/34000}
= $18+$20+$3
=$41
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Advanced Company reports the following information for the
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Overhead costs for the year
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