Solution-What per unit inventory cost that acceptable for

What per unit inventory cost that acceptable for reporting

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Reference no: EM132562298

Variable costs per unit:

Direct materials:$6

Direct labour:$4

Variable overhead: $3

Variable selling:$1

Fixed Cost:

Fixed overhead for 400,000 units produced: $200,000

selling and admin expenses: are $60,000

During the year the company produced 400,000 storage containers and sold 200,000 units at 30$ each. The company had 2000 storage containers in beginning finished goods inventory.

Question 1: What is the per unit inventory cost that is acceptable for reporting on the company balance at the end of the year?

Reference no: EM132562298

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What per unit inventory cost that acceptable for reporting

Reference no: EM132562298

Reference no: EM132562298

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