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What per-unit manufacturing cost under absorption costing

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Reference no: EM132540998

Question 1: Obama Company sells its product for $26 per unit. During 2020, it produced 23500 units and sold 13000 units (there was no beginning inventory). Costs per unit are: direct materials $5, direct labour $4, and variable overhead $3. Fixed costs are: $305500 manufacturing overhead, and $47000 selling and administrative expenses. The per-unit manufacturing cost under absorption costing is

Option 1: $12.00.

Option 2: $25.00.

Option 3: $27.00.

Option 4: $35.50.

Reference no: EM132540998

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