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, which produces a single product, has provided the following data for its most recent month of operations:
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ABC Inc., which produces a single product, has provided the following data for its most recent month of operations:
Number of units produced6,900 Variable costs per unit: Direct materials$139 Direct labor$126 Variable manufacturing overhead$7 Variable selling and administrative expense$12 Fixed costs: Fixed manufacturing overhead$248,400 Fixed selling and administrative expense$538,200
There were no beginning or ending inventories.
The absorption costing unit product cost was:
$265 per unit
$308 per unit
$272 per unit
$398 per unit