Question - Aaker Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
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Selling price
|
$143
|
|
Units in beginning inventory
|
0
|
|
Units produced
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6,850
|
|
Units sold
|
6,550
|
|
Units in ending inventory
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300
|
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Variable costs per unit:
|
|
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Direct materials
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$23
|
|
Direct labor
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$53
|
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Variable manufacturing overhead
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$17
|
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Variable selling and administrative
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$17
|
|
Fixed costs:
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|
|
Fixed manufacturing overhead
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$184,950
|
|
Fixed selling and administrative
|
$27,300
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What is the unit product cost for the month under variable costing?