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9. Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. / / / / / Units

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9. Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. / / / / / Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 25,000 units 15,000 units 99 per unit $11 per unit $75,000 in total $137,500 in total What is Advanced's cost per unit of finished goods under variable costing. a. $20.00 b. $25.00 c. $21.88 d. $23.00 e $28.50 10. What is Advanced's cost per unit of finished goods under absorption costing, a. $20.00 b. $34.17 c. $25.32 d. $23.00 e. $28.50 11. Given Advanced Company's data, compute cost of finished goods in inventory under absorption costing. a $285,000 b. $712,500 c. $427,500 d. $230,000 e $345,000

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