Ranger Productions Experienced the Following Costs in 2017 During 2017, the Company Manufactured 65,000 Units and Sold 62,000

question 43

Multiple Choice

Ranger Productions experienced the following costs in 2017: $\begin{array}{lr}\text { Direct materials } & \$ 1.50 \text { per unit } \\\text { Direct labor } & \$ 2.60 \text { per unit } \\\text { Variable manufacturing overhead } & \$ 1.20 \text { per unit } \\\text { Variable selling costs } & \$ 4.40 \text { per unit } \\\text { Fixed manufacturing overhead } & \$ 84,000 \\\text { Fixed selling costs } & \$ 32,000 \\\text { Fixed administrative costs } & \$ 15,000\end{array}$ During 2017, the company manufactured 65,000 units and sold 62,000 units.The unit cost is the same throughout the year.Beginning inventory is zero.How much will the company report as total variable product costs on its 2017 contribution income statement?

• A)$328,600
• B)$601,400
• C)$344,500
• D)$630,500

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