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Discuss the data for its most recent month of operations

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Reference no: EM131802737

Olds Inc., which produces a single product, has provided the following data for its most recent month of operations:

  Number of units produced 6,900  
  Variable costs per unit:  
  Direct materials $51  
  Direct labor $45  
  Variable manufacturing overhead $4  
  Variable selling and administrative expenses $7  
  Fixed costs:  
  Fixed manufacturing overhead $227,700  
  Fixed selling and administrative expenses $531,300  

There were no beginning or ending inventories. The absorption costing unit product cost was:

Reference no: EM131802737

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