Aqua? Primavera, Inc. has provided the following information for the year. What is the unit product cost using variable? costing?
Units produced | 14,000 units |
Sales price | $300 per unit |
Direct materials | $20 per unit |
Direct labor | $30 per unit |
Variable manufacturing overhead | $50 per unit |
Fixed manufacturing overhead | $470,000 per year |
Variable selling and administration costs | $70 per unit |
Fixed selling and administration costs | $260,000 per year |
Product costs in variable costing includes direct material, direct labor and variable manufacturing overhead
$20 + $30 + $50 = $100
B) $100
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