Schlenz Inc., which produces a single product, has provided the following data for its most recent month of operation: Number of units produced 6,000Variable costs per unit: Direct materials$12Direct labor$34Variable manufacturing overhead$4Variable selling and administrative expenses$2Fixed costs: Fixed manufacturing overhead$486,000Fixed selling and administrative expenses$522,000 The company had no beginning or ending inventories. Required:Compute the unit product cost under variable costing.
What will be an ideal response?
| Direct materials | $ | 12 |
| Direct labor | 34 | |
| Variable manufacturing overhead | 4 | |
| Unit product cost | $ | 50 |
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