Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price $ 126
Units in beginning inventory 0
Units produced 1,900
Units sold 1,800
Units in ending inventory 100
Variable costs per unit:
Direct materials $ 49
Direct labor $ 28
Variable manufacturing overhead $ 5
Variable selling and administrative expense $ 11
Fixed costs:
Fixed manufacturing overhead $ 32,300
Fixed selling and administrative expense $ 23,400
What is the unit product cost for the month under variable costing?
$99 per unit
$110 per unit
$82 per unit
$93 per unit
