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Calculate the maximum cost of repair per unit

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Question - Peony Corp. makes and sells a product that normally sells for $25. Because of a defective machine, 1,000 units were not produced correctly and remain in inventory. Each of the defective unit has the following costs assigned to it by the company's absorption costing system:

Direct materials $5.00 per unit

Direct labor $3.00 per unit

Variable Overhead $1.25 per unit

Fixed Overhead $0.5 per unit

The company has two options regarding the defective units: (1) be sold for $8 per unit, or (2) repaired and sold at the regular price.

Calculate the maximum cost of repair per unit in order for the company to choose option (2)?

Reference no: EM132543159

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