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Apr 27th, 2017
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  1.  
  2. Using the following data, determine the unit product cost under variable costing.
  3. Units produced
  4. 1,000
  5. Direct materials
  6. $6
  7. Direct labor
  8. $10
  9. Fixed overhead
  10. $6,000
  11. Variable overhead
  12. $6
  13. Fixed selling and administrative
  14. $2,000
  15. Variable selling and administrative
  16. $2
  17. A) $22
  18. Feedback: The correct answer is A (Learning Objective 1):The unit product cost under variable costing is determined as follows:Direct materials$ 6Direct labor10Variable overhead6 Unit cost$22
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