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ATCOY, Ltd. is a manufacturer that reports the following information from the current month for...

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Accounting

ATCOY, Ltd. is a manufacturer that reports the following information from the current month for its product.

Sales price

$27.00 per unit

Manufacturing costs incurred this month:

DM

$8.50 per unit

DL

$6.25 per unit

Variable OH

$3.75 per unit

Fixed OH

$378,000 per month

Non-Manufacturing (i.e. Selling and Administrative) costs incurred this period:

Variable S&A

$0.80 per unit

Fixed S&A

$224,000 per month

Units in finished goods inventory, beginning of the month

0

Units produced this month

140,000

Units sold this month

120,000

Calculate the per unit product cost under absorption costing:

Group of answer choices

$23.60

$21.20

$18.50

$21.65

$19.30

Answer & Explanation Solved by verified expert
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