Multiple Choice
Wyatt Corporation
Wyatt Corporation has the following standard costs associated with the manufacture and sale of one of its products:
| Direct material | $3.00 per unit |
| Direct labor | 2.50 per unit |
| Variable manufacturing overhead | 1.80 per unit |
| Fixed manufacturing overhead | 4.00 per unit (based on an estimate of 50,000 units per year) |
| Variable selling expenses | .25 per unit |
| Fixed SG&A expense | $75,000 per year |
During its first year of operations Wyattmanufactured 51,000 units and sold 48,000 . The selling price per unit was . All costswere equal to standard.
Refer to Wyatt Corporation.Under absorption costing,the standard production cost per unit for the current year was
A) $ 7.30.
B) $11.30.
C) $11.55.
D) $13.05.
Correct Answer:
Verified
Correct Answer:
Verified
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