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Calculate Siren manufacturing cost per unit

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Reference no: EM132451229

Problem - Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2017, the company incurred the following costs.

Variable Costs per Unit

Direct materials

$7.80

Direct labor

$3.59

Variable manufacturing overhead

$6.03

Variable selling and administrative expenses

$4.06

Fixed Costs per Year

Fixed manufacturing overhead

$239,200

Fixed selling and administrative expenses

$218,504

Siren Company sells the fishing lures for $26.00. During 2017, the company sold 79,000 lures and produced 92,000 lures.

Required - Assuming the company uses variable costing, calculate Siren's manufacturing cost per unit for 2017.

Reference no: EM132451229

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