Sequoyah,Inc What Is the Unit Product Cost Using Variable Costing?
A)

Sequoyah,Inc.reports the following information: $\begin{array}{|l|l|l|}\hline\text { Units produced } & 520 & \text { units } \\\hline \text { Units sold } & 520 & \text { units } \\\hline \text { Sales price } & \$ 110 & \text { per unit } \\\hline \text { Direct materials } & \$ 40 & \text { per unit } \\\hline \text { Direct labor } & \$ 25 & \text { per unit }\\\hline \text { Variable manufacturing overhead } & \$ 30 & \text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 14,000 & \text { per year } \\\hline \text { Variable selling and administrative costs } & \$ 15 & \text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 25,000 & \text { per year } \\\hline\end{array}$ What is the unit product cost using variable costing?

A) $110
B) $92
C) $95
D) $15