Mathematics · Cost Accounting
Last month, the opening inventory was 6,000 units and the closing inventory was 4,000 units. Using absorption costing, the closing inventory was valued at $33,000. Using marginal costing, last month's profit was $50,000 and using absorption costing it was $41,000. What was the variable production cost per unit last month?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$3.75✓
- 2$8.25
- 3$4.50
- 4$6.00
Correct answer
$3.75
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