URGENT Gloria's Decorating produces and sells a mantel clock for $100 per unit. In...
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Accounting
URGENT
Gloria's Decorating produces and sells a mantel clock for $100 per unit. In 2015, 42,125 clocks were produced and 37,958 were sold. Other information for the year includes:
Direct materials $40.00 per unit
Direct manufacturing labor $ 5.00 per unit
Variable manufacturing costs $ 7.50 per unit
Sales commissions $12.50 per part
Fixed manufacturing costs $62.50 per unit
Administrative expenses, all fixed $37.50 per unit
What is the production cost per unit using variable costing?
$115.00
$65.00
$45.00
$52.50
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