Vijay company reports the following information regarding its production costs. direct materials $ 10 per unit direct labor $ 20 per unit overhead costs for the year variable overhead $ 10 per unit fixed overhead $ 160,000 units produced 20,000 unitscompute the production cost per unit under variable costing.

$40 production cost under variable costing.

Explanation:

In order to solve this you just have to know the options and the properties that Variable Costing includes:

Variable costing includes:

Direct materials.

Direct labor.

Variable overhead.

So this costs are the ones that need to be added in order to calculate the production cost under variable costing:

Variable overhead: $10

Direct Materials: $10

Direct labor: $20

Total production cost: $40

So the production cost under variable costing: $40

answer; i believe that the correct answer is ( owners investment)

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it