Inc. has provided the following data concerning their operations in the most recent month with respect to their only product: Beginning inventory: 9,000 Units Produced: 42,000 Units Sold: 41,300 Variable Costs per unit: Direct materials: $164 Direct Labor: $111 Manufacturing Overhead: $41 Selling and Administrative: $63 Fixed Costs: Manufacturing overhead: $1,343,160 Selling and administrative: $1,981,161 The selling price is $533. What is the variable costing unit product cost?

Cornerstones of Cost Management (Cornerstones Series)
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Author:Don R. Hansen, Maryanne M. Mowen
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Chapter2: Basic Cost Management Concepts
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Problem 13E: Wyandotte Company provided the following information for the last calendar year: During the year,...
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OCO, Inc. has provided the following data concerning their operations in the most recent month with respect to their only product:

  • Beginning inventory: 9,000
  • Units Produced: 42,000
  • Units Sold: 41,300

Variable Costs per unit:

  • Direct materials: $164
  • Direct Labor: $111
  • Manufacturing Overhead: $41
  • Selling and Administrative: $63

Fixed Costs:

  • Manufacturing overhead: $1,343,160
  • Selling and administrative: $1,981,161

The selling price is $533. What is the variable costing unit product cost?

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