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Yancey,Inc What Is the Amount of Unit Product Cost That Will

question 89

Multiple Choice

Yancey,Inc.reports the following information:  Units produced 520 units  Units sold 520 units  Sales price $180 per unit  Direct materials $40 per unit  Direct labor $15 per unit  Variable manufacturing overhead $20 per unit  Fixed manufacturing overhead $13,000 per year  Variable selling and administrative costs $10 per unit  Fixed selling and administrative costs $15,000 per year \begin{array} { | l | r | c | } \hline \text { Units produced } & 520 & \text { units } \\\hline \text { Units sold } & 520 & \text { units } \\\hline \text { Sales price } & \$ 180 & \text { per unit } \\\hline \text { Direct materials } & \$ 40 & \text { per unit } \\\hline \text { Direct labor } & \$ 15 & \text { per unit } \\\hline \text { Variable manufacturing overhead } & \$ 20 & \text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 13,000 & \text { per year } \\\hline \text { Variable selling and administrative costs } & \$ 10 & \text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 15,000 & \text { per year } \\\hline\end{array} What is the amount of unit product cost that will be considered for external reporting purposes? (Round any intermediate calculations and your final answer to the nearest cent.)


Definitions:

Shared Influence

A situation where decision-making power and influence are distributed among members of a group or organization rather than centralized in a single leader.

Specialized Role

A position that requires a specific set of skills or expertise unique to a particular job or context.

Deliberate Influence

The intentional exertion of power or effect on others to bring about desired outcomes.

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Clarifications or explanations of the meaning of words, terms, or concepts.

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