Question

Beamish Incorporated, which produces a single product, has provided the following data for its most recent month of operations:

Answer 1

Answer:

Absorption costing unit product cost $240

Explanation:

The computation of the absorption costing unit product cost is shown below/;

Direct materials $131  

Direct labor $65  

Variable manufacturing overhead $12

Fixed manufacturing overhead cost $32 ($118,400 ÷ 3,700)

Absorption costing unit product cost $240