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Determine what is the manufacturing cost per unit

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Question 1: Bungalow Industries manufactures and sells hardware for homes such as door knobs and cabinet pulls. Each door knob sells for $15 per unit and during its first year of operations, Bungalow produced 24,000 units and sold 20,000 units. The company has fixed manufacturing overhead costs of $126,000 and fixed selling and administrative expenses of $32,000. Each door knob has $3.00 of direct materials, $1.00 of direct labor and $.50 of variable overhead. If Bungalow Industries uses absorption costing, what is the manufacturing cost per unit?

Option A. $4.50

Option B. $11.08

Option C. $10.80

Option D. $5.83

Option E. $9.75

Reference no: EM132517352

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