Yancey, Inc reports the following information Units produced Units sold Sales price Drect materials Direct labor 520 units 520 units $150 per unit $40 per unt $30 per unt Variable manufacturing overhead Fixed manufacturing overhead $20 per unit $24,000 per year $15 per un $25,000 per year Variable selling and administrative costs Fixed selling and administrative costs What is the amount of unit product cost that will be considered for external reporting purposes? (Round any intermediate calculations and your final answer to the nearest cent) OA $76 15 OB $136.15 OC. $116 15 OD $80.00

Yancey, Inc reports the following information Units produced Units sold Sales price Drect materials Direct labor 520 units 520 units $150 per unit $40 per unt $30 per unt Variable manufacturing overhead Fixed manufacturing overhead $20 per unit $24,000 per year $15 per un $25,000 per year Variable selling and administrative costs Fixed selling and administrative costs What is the amount of unit product cost that will be considered for external reporting purposes? (Round any intermediate calculations and your final answer to the nearest cent) OA $76 15 OB $136.15 OC. $116 15 OD $80.00

Name: ### Yancey, Inc. Product Cost Information**Yancey, Inc. reports the f
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Description: ### Yancey, Inc. Product Cost Information**Yancey, Inc. reports the following information:**- **Units produced:** 520 units- **Units sold:** 520 units- **Sales price:** $150 per unit- **Direct materials:** $40 per unit- **Direct labor:** $30 per uni

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please assist with the attached questions.
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Yancey, Inc. reports the following information: Units produced Units sold Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead 580 units 580 units $130 per unit $10 per unit $25 per unit - $30 per unit $22,000 per year Variable selling and administrative costs Fixed selling and administrative costs $20 per unit $15,000 per year What is the amount of unit product cost that will be considered for external reporting purposes? (Round any intermediate calculations and your final answer to the nearest cent.) OA. $95.00 OB. $72.93 OC. $102.93 OD. $62.93
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