OBJ1 On June 30 the end of the first year of operations Monf

OBJ.1

On June 30, the end of the first year of operations, Monfelli Inc. manufactured 10,800 and sold 10,000 . The following income statement was prepared, based on the variable costing concept:

Determine the unit cost of goods manufactured, based on

the variable costing concept and

the absorption costing concept.

Answer

Solution

B)

(Variable Costs of Goods Manufactured + Fixed Manufacturing Costs)/Units Manufactured = Unit Costs

=2800 dollars