Abdol company which has only one product has provided the

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Abdol Company, which has only one product, has provided the following data concerning its most recent month of operations:

  • Selling Price :$86
  • Units in beginning Inventory: $0
  • Units Produced:$6600
  • Units sold:$6500
  • Units in ending Inventory:$100
  • Variable Costs Per Unit:
  • Direct Materials:$22
  • Direct Labor:$12
  • Variable Manufactoring Overhead:$4
  • Variable Selling and Administrative:$6
  • Fixed Costs:
  • Fixed manufactoring Overhead:$231,000
  • Fixed Selling and administrative:$32,500
  • What is the unit product cost for the month under variable costing?
  • What is the unit product cost for the month under absorption costing?
  • What is the net operating income for the month under variable costing?

Reference no: EM13581005

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