25.
Xiao Company manufactures tables for the hospitality sector. It takes only bulk orders and each table is sold for $426. In the month of April, it manufactures 3009 tables and sells 2295 tables. Actual fixed costs are the same as the amount of fixed costs budgeted for the month.
The following information is provided for the month of April:
Variable manufacturing costs $126 per unit
Fixed manufacturing costs $86456 per month
Fixed Administrative expenses $20471 per month
At the end of the month, Xiao has some ending inventory units of finished goods. The company also incurs a sales commission of $10.99 per unit.
Compute the cost of goods sold per unit for the month of April if the absorption costing method is used to cost the products. (Round the final answer to the nearest cent, that is, to 2 decimal places.)
