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Find what unit product cost for year using variable costing

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Reference no: EM132615442

Hayes Inc. provided the following information for the current year:

Beginning Inv.                      300 units

units produced                   950 units

units sold                          994 units

Selling price                        $350/unit

DM                                     $55/unit

DL                                     $36/unit

Variable manufacturing OH         $35/unit

Fixed manufacturing OH             $49,400 year

Variable selling/administrative costs  $28/unit

Fixed selling/administrative costs       $35,500 year

Problem 1: What is the unit product cost for the year using variable costing?

Reference no: EM132615442

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