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What is the product cost per unit of ending inventory

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Reference no: EM132520607

Question - The following information pertains to ABC Corporation:

Fixed manufacturing overhead in beginning inventory $40,000

Fixed manufacturing overhead in ending inventory $20,000

Variable manufacturing costs in beginning inventory $50,000

Variable manufacturing costs in ending inventory $25,000

Selling price per unit $95

Fixed manufacturing costs per unit $20

Variable selling and administrative cost per unit $4

Fixed selling and administrative costs $16,000

Units in beginning finished goods inventory 2,000

Units produced 10,000

Units sold 11,000

Required - What is the product cost per unit of ending inventory for external reporting?

a. $20

b. $45

c. $49

d. $25

Reference no: EM132520607

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