Calculate polks manufacturing cost per unit

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Polk Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2012, the company incurred the following costs.

Variable Cost per Unit

Direct materials
$8.18
Direct labor
$2.67
Variable manufacturing overhead
$6.27
Variable selling and administrative expenses
$4.25



Fixed Costs per Year

Fixed manufacturing overhead
$257,164
Fixed selling and administrative expenses
$261,709

Polk Company sells the fishing lures for $27.25. During 2012, the company sold81,100lures and produced 95,600lures.

(a) Assuming the company uses variable costing, calculate Polk's manufacturing cost per unit for 2012.

Manufacturing cost per unit $

b) The parts of this question must be completed in order. This part will be available when you complete the part above.

(c) The parts of this question must be completed in order. This part will be available when you complete the part above.

Reference no: EM13505769

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