MC Qu. 88 Hayes Inc. provided the following information... Hayes Inc. provided the following information for the current year: Beginning inventory 210 units Units produced 860 units Units sold 913 units Selling price $ 260 /unit Direct materials $ 46 /unit Direct labor $ 27 /unit Variable manufacturing overhead $ 26 /unit Fixed manufacturing overhead $ 36,980 /yr Variable selling/administrative costs $ 19 /unit Fixed selling/administrative costs $ 26,500 /yr What is the unit product cost for the year using variable costing

Unit Product Cost=$99

Explanation:

Given Data:

Beginning inventory=210 units

Units produced =860 units

Units sold=913 units

Selling price per unit= $ 260

Direct materials per unit= $46

Direct labor= $ 27 /unit

Variable manufacturing overhead per unit=$ 26

Fixed manufacturing overhead= $ 36,980 /yr

Variable selling/administrative costs =$ 19 /unit

Fixed selling/administrative costs =$ 26,500 /yr

Required:

the unit product cost for the year using variable costing=?

Solution:

According to variable costing unit product cost is the sum of direct labor,Direct material and Variable manufacturing overhead per unit.

Unit Product Cost=Direct materials per unit+Direct labor per unit+Variable manufacturing overhead per unit

Unit Product Cost=$46++$27+$27

Unit Product Cost=$99

if you use only 25 for your entertainment and only 200 for the groceries that you really need and take out the 50 per month for the computer then that should be enough

answer; only identify and interpret trends in the marketplace;