A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0Units produced 8,900Units sold 8,500Units in ending inventory 400Variable costs per unit: Direct materials$26Direct labor$25Variable manufacturing overhead$4Variable selling and administrative expense$4Fixed costs: Fixed manufacturing overhead$249,200Fixed selling and administrative expense$17,000What is the variable costing unit product cost for the month?
A. $83 per unit
B. $55 per unit
C. $87 per unit
D. $59 per unit
Answer: B
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Chance events play a role in shaping the competitive environment. Chance events are occurrences which include all of the following except:
A) major technological breakthroughs. B) wars and their aftermath. C) oil crisis. D) currency fluctuations. E) annual business meeting.
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What will be an ideal response?
Knowledge of food and eating habits often provides insights into customs and cultures.
Answer the following statement true (T) or false (F)