A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Units in beginning inventory |
0 |
Units produced |
6,900 |
Units sold |
6,700 |
Units in ending inventory |
200 |
|
|
Variable costs per unit: |
|
Direct materials |
$49 |
Direct labor |
$44 |
Variable manufacturing overhead |
$8 |
Variable selling and administrative |
$7 |
Fixed costs: |
|
Fixed manufacturing overhead |
$200,100 |
Fixed selling and administrative |
$75,900 |
What is the absorption costing unit product cost for the month?