Sequoyah,Inc What Is the Unit Product Cost Using Variable Costing?
A)$60

Sequoyah,Inc.reports the following information: $\begin{array}{|l|r|l|}\hline \text { Units produced } & 540 &\text { units } \\\hline \text { Units sold } & 540 &\text { units } \\\hline \text { Sales price } & \$ 160 &\text { per unit } \\\hline \text { Direct materials } & \$30&\text { per unit } \\\hline \text { Direct labor } & \$ 15 &\text { per unit } \\\hline \text { Variable manufacturing overhead } & \$10&\text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 20,000 &\text { per year } \\\hline \text { Variable selling and administrative costs } & \$ 5 &\text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 10,000 & \text { per year }\\\hline\end{array}$ What is the unit product cost using variable costing?

A) $60
B) $82
C) $55
D) $105