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Calculate the product cost per unit using absorption costing

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Reference no: EM132783436

Question - A business sells one product and they report the following:

Direct Material cost $4 per unit

Direct Labor cost $8 per unit

Variable Overhead cost $5 per unit

Fixed Overhead cost $90,000 per year

Variable selling/administrative expenses $1 per unit

Fixed selling/administrative expenses $10,000 per year

Sale Price $23 per unit

Required -

Calculate the product cost per unit using absorption costing?

Calculate the product cost per unit using variable costing?

Calculate the number of units the business needs to sell to break-even?

Calculate the number of units they need to sell to earn a before tax profit of $20,000?

Reference no: EM132783436

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