Problem -
Units in beginning Inventory -
Units Produced -- $12,000
Units Sold -- $10,500
Sales prince per unit-- $22.00
Variable cost per unit:
Direct materials--- $7.00
Direct Labor--- $4.00
Manufacturing overhead--- $2.00
Selling & Administrative--- $1.00
Fixed Cost in Total:
Manufacturing overhead--- $36,000.00
Selling & Administrative---- $50,000.00
Calculate the cost per unit, using absorption costing a variable costing.