Wininger Incorporated Reported the Following Information About the Production and Sale

question 123

Multiple Choice

Wininger Incorporated reported the following information about the production and sale of its only product during the first month of operations:
$$\begin{array} { l l } \text {Selling price per unit }&\$ 300\\\text {Sales }&\$ 480,000\\\text { Direct materials used}&\$ 220,000\\\text {Direct labor }&\$200,000 \\\text {Variable factory overhead}&\$60,000 \\\text {Fixed factory overhead }&\$80,000 \\\text {Variable selling and administrative expenses }&\$20,000 \\\text {Fixed selling and administrative expenses }&\$ 10,000\\\text {Ending inventory, Direct Materials }& 0\\\text {Ending inventory, Work-in-process }& 0\\\text {Ending inventory, Finished Goods }&400 \text { units } \\\end{array}$$
Under variable costing,the product cost per unit is ________.

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Definitions:

Shades

Variations or different tones of colors, often used to describe subtle differences in color.

Distinguish

To recognize or treat (someone or something) as different, or to identify the distinct characteristics that set someone or something apart.

Color Blindness

A visual impairment in which a person has difficulty distinguishing between certain colors, typically red and green or blue and yellow.

Reds And Greens

Refers to the basic colors detected by the cones in the human eye, fundamental to color vision theories.