Sea Company reports the following information regarding its production cost.Units produced 42,000unitsDirect labor$35per unitDirect materials$28per unitVariable overhead$17per unitFixed overhead$105,000in totalCompute the product cost per unit under variable costing.
A. $82.50
B. $80.00
C. $35.00
D. $63.00
E. $28.00
Answer: B
You might also like to view...
By promoting the use of clean cookstoves in developing nations, a global alliance hopes to reduce:
A. Deforestation. B. Black carbon. C. The burning of fossil fuels. D. Methane.
A good retail audit is conducted on a regular basis, comprehensive, systematic, and conducted in an independent manner
Indicate whether the statement is true or false
A local ice cream shop has introduced a new signature treat that none of its competitors presently offer. Based on the tenets of the product life cycle, what pricing strategies should this business use for this new treat through the various stages of the PLC?
What will be an ideal response?
The inventory turnover ratio measures the average number of days that inventory is held by a company
Indicate whether the statement is true or false