Hayes Inc.provided the following information for the current year:
-What is the unit product cost for the year using variable costing?
A)$98
B)$66
C)$74
D)$96
E)$95

Question

Hayes Inc.provided the following information for the current year: 
-What is the unit product cost for the year using variable costing?
A)$98 
B)$66 
C)$74 
D)$96 
E)$95

Quizplus · Accepted Answer

The unit product cost for the year using variable costing can be calculated as follows:

Unit Product Cost = Variable Manufacturing Cost per Unit + Variable Selling and Administrative Cost per Unit
Unit Product Cost = ($44 + $12) + ($10 + $0)
Unit Product Cost = $66

Therefore, the best choice is B.

Hayes IncProvided the Following Information for the Current Year