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Solve the unit product cost using variable costing

Assignment Help Managerial Accounting
Reference no: EM132564596

Mentor Corp. has provided the following information for the current year:

Units produced 3,500units

Sale price$200per unit

Direct materials$70per unit

Direct labor$55per unit

Variable manufacturing overhead$20per unit

Fixed manufacturing overhead$350,000per year

Variable selling and administrative costs$30per unit

Fixed selling and administrative costs$150,000per year

Question 1: Calculate the unit product cost using variable costing.

Multiple Choice

Option 1: $145

Option 2: $245

Option 3: $55

Option 4: $275

Reference no: EM132564596

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