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4 years ago

Trio Company reports the following information for the current year, which is its first year of operations.

Business

1 answer:

NikAS [45]4 years ago

8 0

Answer:

Unitary product cost= $33

Explanation:

Giving the following information:

Direct materials $ 11 per unit

Direct labor $ 16 per unit

Overhead costs for the year

Variable overhead $ 2 per unit

Fixed overhead $ 100,000 per year

Units produced this year 25,000 units

Under the absorption costing cost method, the unitary product cost is calculated using the direct material, direct labor, and total unitary overhead.

<u>First, we need to calculate the unitary fixed overhead:</u>

Unitary fixed overhead= 100,000/25,000= $4

Unitary product cost= 11 + 16 + (2 + 4)= $33

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