Question

In: Accounting

Laner Company has the following data for the production and sale of 2,300 units. Sales price...

Laner Company has the following data for the production and sale of 2,300 units.

Sales price per unit $950 per unit

Fixed costs:

Marketing and administrative $529,000 per period

Manufacturing overhead $253,000 per period

Variable costs:

Marketing and administrative $65 per unit

Manufacturing overhead $95 per unit

Direct labor $115 per unit

Direct materials $230 per unit

What is the full cost per unit of making and selling the product?

Expert Solution

Total making and selling cost of the product:

material cost (2300 units @ 230) = 529000

Labour cost (2300 units @115) = 264500

Variable manufacturing overhead =218500

(2300@95)

Fixed manufacturing overhead = 253000

Total manufacturing cost =736529

Divide by number of units = 2300

cost per unit = 320.23

ekkarill92 answered 1 year ago

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