Under variable costing each unit of the companys inventory, Ask an Expert

Accounting

Lone Star has computed the following unit costs for the year just ended:

Direct materials used $12
Direct labor 18
Variable manufacturing o/head 25
Fixed manufacturing o/head 29
Variable Selling and admin costs 10
Fixed selling and admin costs

Under variable costing, each unit of the company's inventory would be carried at:

A. $35.

B. $55.

C. $65.

D. $84.

E. some other amount.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9408773

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