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Bitonti Corporation has provided the following data for its most recent year of operation: ...

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Accounting

Bitonti Corporation has provided the following data for its most recent year of operation:

Manufacturing costs:
Variable manufacturing cost per unit produced:
Direct materials $ 9
Direct labor $ 7
Variable manufacturing overhead $ 5
Fixed manufacturing overhead per year $ 156,000
Selling and administrative expenses:
Variable selling and administrative expense per unit sold $ 5
Fixed selling and administrative expense per year $ 81,000

Units in beginning inventory 0
Units produced during the year 12,000
Units sold during the year 11,000
Units in ending inventory 1,000

The unit product cost under absorption costing is closest to:

$39.00

$13.00

$21.00

$34.00

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