A manufacturer reports the following costs to produce 10,000 units in its first year of operations: Direct materials, $10 per unit, Direct labor, $6 per unit, Variable overhead, $70,000, and Fixed overhead, $120,000.
- The total product cost per unit under variable costing is:
A) $28 per unit.
B) $17 per unit.
C) $16 per unit.
D) $35 per unit.
E) $23 per unit.
Correct Answer:
Verified
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