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Data concerning the most recent month of operations in the production of the only product...

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Accounting

Data concerning the most recent month of operations in the production of the only product of Karle, Ltd. follow:

  • Beginning inventory: 6,000
  • Units Produced: 49,000
  • Units Sold: 49,800

Variable Costs per unit:

  • Direct materials: $45
  • Direct Labor: $70
  • Manufacturing Overhead: $15
  • Selling and Administrative: $28

Fixed Costs:

  • Manufacturing overhead: $1,414,140
  • Selling and administrative: $884,448

The selling price is $222. What is the unit product cost under variable costing?

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