Olds inc which produces a single product has provided the

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Olds Inc., which produces a single product, has provided the following data for its most recent month of operations:

Number of units produced 5,900
  Variable costs per unit:
  Direct materials $66
  Direct labor $60
  Variable manufacturing overhead $7
  Variable selling and administrative expenses $15
  Fixed costs:
  Fixed manufacturing overhead $200,600
  Fixed selling and administrative expenses $454,300
There were no beginning or ending inventories. The absorption costing unit product cost was:

$126

$133

$167

$259

Reference no: EM13482243

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