Lone Star Has Computed The Following Unit Costs For The Year Just Ended (1)

Lone Star has computed the following unit costs for the year just ended: Direct materials used $12Direct labor 18Variable manufacturing o/head 25Fixed manufacturing o/head 29Variable Selling and admin costs 10Fixed selling and admin costsUnder variable costing, each unit of the company’s inventory would be carried at: A. $35.B. $55.C. $65.D. $84.E. some other amount.

Posted in Uncategorized