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Question - Egowar Pty Ltd prepared a summary showing the following expected costs for a production level of 50,000 units:
Direct Labour $80,000
Variable Manufacturing Overhead $30,000
Fixed Manufacturing Overhead $60,000
Variable Manufacturing Costs $250,000
Variable Selling Expenses $70,000
Fixed Selling and Administration Expenses $110,000
Egowar Pty Ltd accounts for all manufacturing costs as inventoriable (product) costs. Determine the product cost?
a. $330,000
b. $310,000
c. $180,000
d. $170,000
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