Burns company incurred the following costs during the year:
direct materials $24.50 per unit; direct labor $15.60 per unit; variable manufacturing overhead $18.10 per unit; variable selling and administrative costs $8.90 per unit; fixed manufacturing overhead $132,000; and fixed selling and administrative costs $11,000.
burns produced 6,600 units and sold 6000 units. determine the manufacturing cost per unit
(a) absorption costing.
(b) variable costing. (round answers to 2 decimal places, e. g. 52.75.)

Instrucitons are listed below.

Explanation:

Giving the following information:

Direct materials $24.50 per unit; direct labor $15.60 per unit; variable manufacturing overhead $18.10 per unit; variable selling and administrative costs $8.90 per unit; fixed manufacturing overhead $132,000; and fixed selling and administrative costs $11,000.

Burns produced 6,600 units and sold 6000 units.

1) Absorption costing= direct material + direct labor + variable overhead + fixed overhead

Unitary cost= 24.5 + 15.6 + 18.1 + (132,000/6,600)= 78.2

2) Variable costing= direct material + direct labor + variable overhead + variable selling and administrative costs

Unitary costs= 24.5 + 15.6 + 18.1 + 8.9= 67.1

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

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