Author Question: Time Again, LLC produces and sells a mantel clock for $100 per unit. In 2017, 42,125 clocks were ... (Read 35 times)

jenna1 · **on:** Mar 6, 2021

Time Again, LLC produces and sells a mantel clock for $100 per unit. In 2017, 42,125 clocks were produced and 37,958 were sold. Other information for the year includes:

Direct materials

$43 per unit

Direct manufacturing labor

$5 per unit

Variable manufacturing costs

$3

.50 per unit

Sales commissions

$14

.50 per part

Fixed manufacturing costs

$65

.00 per unit

Administrative expenses, all fixed

$37

.50 per unit

What is the inventoriable cost per unit using variable costing?
◦ $66.00
◦ $51.50
◦ $48.00
◦ $103.50

ju · **Reply #1 on:** Mar 6, 2021

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