Ask Question
20 October, 16:37

Grover Company has the following data for the production and sale of 1,700 units. Sales price per unit$950per unit Fixed costs: Marketing and administrative$340,000per period Manufacturing overhead$314,500per period Variable costs: Marketing and administrative$65per unit Manufacturing overhead$95per unit Direct labor$115per unit Direct materials$220per unit What is the variable manufacturing cost per unit

+1
Answers (1)
  1. 20 October, 18:53
    0
    The variable manufacturing cost per unit of Grover Company is $430

    Explanation:

    The variable manufacturing cost include Manufacturing overhead cost, Labor cost and Direct materials cost.

    Marketing and administrative cost belongs to selling expense.

    The variable manufacturing cost per unit = Manufacturing overhead cost per unit + Direct labor cost per unit + Direct materials cost per unit = $95 + $115 + $220 = $430
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Grover Company has the following data for the production and sale of 1,700 units. Sales price per unit$950per unit Fixed costs: Marketing ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers