Knappert corporation makes one product and has provided the following information:
a. each unit of finished goods requires 3 pounds of raw materials. the raw materials cost $5.00 per pound.
b. the direct labor wage rate is $24.00 per hour. each unit of finished goods requires 2.8 direct labor-hours.
c. manufacturing overhead is entirely variable and is $11.00 per direct labor-hour.
d. the variable selling and administrative expense per unit sold is $3.80. the fixed selling and administrative expense per month is $50,000. the unit product cost is closest to:
multiple choice:
o $93.20
o $113.00
o $30.80
o $82.20