Given the following data, total product cost per unit under variable costing will be greater than total product cost under absorption costing.Direct labor$2per unitDirect materials$8per unitOverhead Total variable overhead$37,500 Total fixed overhead$249,000 Expected units to be produced 15,000units
Answer the following statement true (T) or false (F)
False
Variable costing:
$2 DL + $8 DM + ($37,500/15,000 units) VOH = $12.50
Absorption costing:
$2 DL + $8 DM + ($37,500/15,000 units) VOH + ($249,000/15,000 units) FOH = $29.10
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