A company produced 1,000 units having costs as follows: direct materials$32,000; direct labor$45,000; variable overhead$62,000; and fixed

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A company produced 1,000 units having costs as follows: direct materials—$32,000;

direct labor—$45,000; variable overhead—$62,000; and fixed overhead—$70,000.

What is the product unit cost under

a. Variable costing?

b. Absorption costing?

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Related Book For  book-img-for-question

Cost Accounting Using A Cost Management Approach

ISBN: 9780256174809

6th Edition

Authors: Letricia Gayle Rayburn, Martin K. Gay

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