Feheln Company, which has only one product, has provided the following data concerning its most recent month of operations:
|
Selling price |
$114 |
|
Units in beginning inventory |
0 |
|
Units produced |
7,300 |
|
Units sold |
7,200 |
|
Units in ending inventory |
100 |
|
Variable costs per unit: |
|
|
Direct materials |
$30 |
|
Direct labor |
$53 |
|
Variable manufacturing overhead |
$3 |
|
Variable selling and administrative |
$8 |
|
Fixed costs: |
|
|
Fixed manufacturing overhead |
$73,000 |
|
Fixed selling and administrative |
$57,600 |
What is the unit product cost for the month under variable costing?
A) $94
B) $86
C) $96
D) $104