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Total fixed manufacturing costs were 1700 and total fixed

Lily's Pastries produces cupcakes, which sell for $ 5.00 each. During the current month, Lily produced 2, 800 cupcakes, but only sold 2,300 cupcakes. The variable cost per cupcake was $ 3.10 and the sales commission per cupcake was $ 0.40. Total fixed manufacturing costs were $ 1,700 and total fixed marketing and administrative costs were $ 1,400. What is the product cost per cupcake under absorption costing?

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Accounting Basics: Total fixed manufacturing costs were 1700 and total fixed

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Accounting Basics: Total fixed manufacturing costs were 1700 and total fixed

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