Question - Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price $179
Units in beginning inventory 0Units produced 7,300 Units sold 7,000 Units in ending inventory 300
Variable costs per unit:
Direct materials $32
Direct labor $62
Variable manufacturing overhead $26
Variable selling and administrative expense $26
Fixed costs:
Fixed manufacturing overhead $197,100
Fixed selling and administrative expense $30,000
What is the unit product cost for the month under variable costing?