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Beginning inventory in units 0 Units produced 1,200 Units sold 1,000 Sales...

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Accounting

Beginning inventory in units 0

Units produced 1,200

Units sold 1,000

Sales $100,000

Direct material cost $ 12,000

Variable conversion* production cost $ 24,000

Fixed manufacturing overhead cost $ 18,000

Selling & administrative costs $ 20,000

*Includes DL and variable MOH costs

The product cost per unit using absorption costing is:

a.

$54.00
b.

$45.00
c.

$30.00
d.

$10.00

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