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What is unit product cost for month under variable costing

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Reference no: EM132557220

Question - F Company, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $108

Units in beginning inventory 0

Units produced 7,700

Units sold 7,500

Units in ending inventory 200

Variable costs per unit:

Direct materials $26

Direct labor $38

Variable manufacturing overhead $3

Variable selling and administrative $4

Fixed costs:

Fixed manufacturing overhead $184,800

Fixed selling and administrative $90,000

Required -

A. What is the unit product cost for the month under variable costing?

B. What is the net operating income for the month under variable costing?

Reference no: EM132557220

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