Components of Full Cost: Illustrations 2-10 to 2-12 in the text show basic relationships among costs and
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Components of Full Cost: Illustrations 2-10 to 2-12 in the text show basic relationships among costs and margins. Given the following facts, complete the requirements below:
Required:
a. How much are each of the following unit costs (see Illustration 2-10)?
1. Variable manufacturing cost.
2. Variable cost.
3. Full manufacturing cost.
4. Full cost.
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