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ABC Ltd. incurred $1,000,000 in direct materials costs, $800,000 in direct labor costs, and $600,000 in manufacturing overhead costs during the month. If the company
ABC Ltd. incurred $1,000,000 in direct materials costs, $800,000 in direct labor costs, and $600,000 in manufacturing overhead costs during the month. If the company produced 200,000 units of a product,
Cost Component | Amount ($) |
Direct Materials | $1,000,000 |
Direct Labor | $800,000 |
Manufacturing Overhead | $600,000 |
Units Produced | 200,000 |
calculate the cost per unit using the absorption costing method.
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