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Question - Jamba Company makes ceramic mugs and has the following costs for 2010, 2011, and 2012:
Selling Price $8.00/mug
Variable production cost $2.20/mug
Variable selling cost $0.40/mug
Fixed Production cost $360,000/ year
Fixed selling and administrative cost $80,000/year
Production and sales in units for 2010-2012 are as follows:
Year Production Sales
2010 100,000 90,000
2011 120,000 110,000
2012 90,000 110,000
What are the variable costing inventory cost per unit be for 2010,2011, and 2012, respectively?
the 2006 financial statements of mm company report net sales of 38.7 billion. accounts receivable net are 3.1 billion
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