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How to compute product cost per unit under absorption cost

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Reference no: EM132564591

Sea Company reports the following information regarding its production costs:

Units produced 55,000units

Direct labor$48per unit

Direct materials$41per unit

Variable overhead$30per unit

Fixed overhead$137,500in total

Question 1: Compute the product cost per unit under absorption costing.

Multiple Choice

Option 1: $119.00

Option 2: $48.00

Option 3: $41.00

Option 4: $89.00

Option 5: $121.50

Reference no: EM132564591

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