Using the information below from Planters, Inc., what is the cost per unit under both variable...
Using the information below from Planters, Inc., what is the cost per unit under both variable and absorption costing?
| Production | 6,000 |
| Direct Materials | $210 |
| Direct Labor | 270 |
| Variable Manufacturing Overhead | 110 |
| Fixed Manufacturing Overhead | 660,000 |
| Variable Method |
Absorption Method |
|
| Cost per unit | $ | $ |
Homework Answers
Cost per unit:
Variable method = $210 + $270 + $110 = $590 per unit
Absorption method = $210 + $270 + $110 + ($660,000 / 6,000) = $700 per unit
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