During its first year, Walnut, Inc., showed an ($18) per-unit profit under absorption costing but would have
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During its first year, Walnut, Inc., showed an \($18\) per-unit profit under absorption costing but would have reported a total profit \($16,000\) less under variable costing. If production exceeded sales by 500 units and an average contribution margin of 62.5% was maintained, what is the apparent:
a. Fixed cost per unit?
b. Sales price per unit?
c. Variable cost per unit?
d. Unit sales volume if total profit under absorption costing was \($198,000\)?
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Related Book For
Managerial Accounting For Undergraduates
ISBN: 9781618531124
1st Edition
Authors: Christensen, Theodore E. Hobson, L. Scott Wallace, James S.
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