ACCOUNTING
Multiple Choice
The Singer Company manufactures several different products. Unit costs associated with Product ICT101 are as follows:
Direct materials $ 60
Direct manufacturing labor 10
Variable manufacturing overhead 18
Fixed manufacturing overhead 32
Sales commissions (2% of sales) 4
Administrative salaries 16
Total $140
What are the variable costs per unit associated with Product ICT101?
a. $18
b. $22
c. $88
d. $92
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