1 Paradise Company had the following costs Click on the icon

1. Paradise Company had the following costs: (Click on the icon to view the data.) Calculate the unit product cost using absorption costing and variable costing. (If a box is not u seO Data Table Absorption Variable Costing Units produced 580 units Costing Manufacturing costs: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead 24 per unit 47 per unit 14 per unit 9,860 per year Total unit product cost Selling and administrative costs: Variable selling and administrative costs Fixed selling and administrative costs 28 per unit 1,740 per year PrintDone Choose from any list or enter any number in the input fields and then continue to the next question.

Solution

Answer

Absorption Costing

Variable Costing

Manufacturing cost (Variable)

[24+47+14] 85

85

Selling Cost (Variable)

28

28

Fixed manufacturing overhead

[9860/580] 17

17

Fixed Selling & Administrative cost

[1740/580] 3

3

Total Unit product cost

133

133

	Absorption Costing	Variable Costing
Manufacturing cost (Variable)	[24+47+14] 85	85
Selling Cost (Variable)	28	28
Fixed manufacturing overhead	[9860/580] 17	17
Fixed Selling & Administrative cost	[1740/580] 3	3
Total Unit product cost	133	133