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
Units in beginning inventory
Units produced
Units sold
Units in ending inventory
Variable costs per unit:
Direct materials
Direct labor
Variable manufacturing overhead.
Variable selling and administrative expense
Multiple Choice
Fixed costs:
Fixed manufacturing overhead
Fixed selling and administrative expense
What is the unit product cost for the month under variable costing?
$110 per unit
$137 per unit
$143
0
$120 per unit
6,850
6,550
300
$93 per unit
$23
$53
$17
$17
$184,950
$ 27,300
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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 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead. Variable selling and administrative expense Multiple Choice Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense What is the unit product cost for the month under variable costing? $110 per unit $137 per unit $143 0 $120 per unit 6,850 6,550 300 $93 per unit $23 $53 $17 $17 $184,950 $ 27,300
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