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Calculate the unit product cost using variable costing

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Reference no: EM132517143

Mentor Corp. has provided the following information for the current year:

Units produced 3,500 units

Sale price $200 per unit

Direct materials $70 per unit

Direct labor $55 per unit

Variable manufacturing overhead $20 per unit

Fixed manufacturing overhead $350,000 per year

Variable selling and administrative costs $30 per unit

Fixed selling and administrative costs $150,000 per year

Question 1: Calculate the unit product cost using variable costing.

Reference no: EM132517143

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