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

question 52

Multiple Choice

Bateman Company, which has only one product, has provided the following data concerning its most recent month of operations:
 Selling price $117 Units in beginning inventory 0 Units produced 4,700 Units sold 4,400 Units in ending inventory 300 Variable costs per unit:  Direct materials $36 Direct labour $38 Variable manufacturing overhead $4 Variable selling and administrative $11 Fixed costs:  Fixed manufacturing overhead $89,300 Fixed selling and administrative $26,400\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 absorption costing?

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