Question

Diaz Company reports the following variable costing income statement for its only product. Sales total 50,000 units, but production was 80,000 units. Diaz had no beginning finished goods inventory. What is the cost per unit for the product?

1) Cannot be determined

3) $0.00
4) $1.00

Answer 1

The cost per unit for the product cannot be determined.

Step-by-step explanation:

To determine the cost per unit for the product, we need to calculate the total cost and divide it by the number of units produced. In this case, the total cost includes both fixed costs and variable costs. Since the fixed costs are not provided in the question, we cannot determine the exact cost per unit.