Bateman Company, Which Has Only One Product, Has Provided the Following

question 64

Multiple Choice

Bateman Company, which has only one product, has provided the following data concerning its most recent month of operations:
$\begin{array}{|l|r|}\hline \text { Selling price } & \$ 117 \\\hline \text { Units in beginning inventory } & 0 \\\hline \text { Units produced } & 4,700 \\\hline \text { Units sold } & 4,400 \\\hline \text { Units in ending inventory } & 300 \\\hline \text { Variable costs per unit: } & \\\hline \text { Direct materials } & \$ 36 \\\hline \text { Direct labour } & \$ 38 \\\hline \text { Variable manufacturing overhead } & \$ 4 \\\hline \text { Variable selling and administrative } & \$ 11 \\\hline \text { Fixed costs: } & \\\hline \text { Fixed manufacturing overhead } & \$ 89,300 \\\hline \text { Fixed selling and administrative } & \$ 26,400 \\\hline\end{array}$

-What was the unit product cost for the month under variable costing?

• A) $78.
• B) $89.
• C) $97.
• D) $107.

---

Definitions:

Metabolize

The biochemical process by which organisms convert substances into energy or materials necessary for cellular function and growth.

Taste Buds

Sensory organs located on the tongue that are responsible for perceiving different types of tastes.

Action Potentials

Brief electrical impulses that are the means by which information is transmitted along neurons.

Monozygotic Twins

Twins that develop from a single fertilized egg, sharing nearly 100% of their genetic material.