The following data were provided by Rider, Inc, which produces a single product:
|
Units in beginning inventory |
0 |
|
Units produced |
5,000 |
|
Units sold |
4,500 |
|
Variable costs per unit: |
|
|
Production |
$8 |
|
Selling and administrative |
$5 |
|
Fixed costs: |
|
|
Production |
$80,000 |
|
Selling and administrative |
$60,000 |
Under variable costing, the unit product cost is:
A) $14
B) $13
C) $10
D) $16