FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price
$ 119
Units in beginning inventory
Units produced
6,550
Units sold
6,250
Units in ending inventory
300
Variable costs per unit:
Direct materials
$4
17
Direct labor
24
47
$4
2$
11
Variable manufacturing overhead
Variable selling and administrative expense
11
Fixed costs:
Fixed manufacturing overhead
Fixed selling and administrative expense
$176,850
$ 25,500
What is the unit product cost for the month under variable costing?
Multiple Choice
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Transcribed Image Text:Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 119 Units in beginning inventory Units produced 6,550 Units sold 6,250 Units in ending inventory 300 Variable costs per unit: Direct materials $4 17 Direct labor 24 47 $4 2$ 11 Variable manufacturing overhead Variable selling and administrative expense 11 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $176,850 $ 25,500 What is the unit product cost for the month under variable costing? Multiple Choice
What is the unit product cost for the month under variable costing?
Multiple Choice
$86 per unit
$113 per unit
$102 per unit
$75 per unit
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Transcribed Image Text:What is the unit product cost for the month under variable costing? Multiple Choice $86 per unit $113 per unit $102 per unit $75 per unit
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