Smidt Corporation has provided the following data for its two most recent years of operation:

Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials $ 9 Direct labor $ 5 Variable manufacturing overhead $ 5 Fixed manufacturing overhead per year $ 140,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold $ 5 Fixed selling and administrative expense per year $ 65,000 Year 1 Year 2 Units in beginning inventory 0 3,000 Units produced during the year 10,000 7,000 Units sold during the year 7,000 6,000 Units in ending inventory 3,000 4,000

The unit product cost under absorption costing in Year 1 is closest to:

Unitary cost= $33

Explanation:

Giving the following information:

Manufacturing costs:

Variable manufacturing cost per unit produced:

Direct materials $9

Direct labor $5

Variable manufacturing overhead $5

Fixed manufacturing overhead per year $ 140,000

Year 1:

Units produced during the year 10,000

Under absorption costing, the unitary product cost is calculated summing the direct material, direct labor, and total manufacturing overhead:

First, we need to calculate the unitary fixed manufacturing overhead:

Unitary fixed overhead= 140,000/10,000= $14 per unit

Unitary cost= direct material + direct labor + unitary overhead

Unitary cost= 9 + 5 + (5 + 14)= $33

answer; i believe both technician (a) and (b) are correct; /// good luck

the law, public safety, corrections, and security cluster prepares people for careers in planning, managing, and providing legal, public safety, protective services and homeland security, including professional and technical support services.