ABC Ltd. incurred $11,070,000 in direct materials costs, $8,856,000 in direct labor costs, and $5,535,000 in manufacturing
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ABC Ltd. incurred $11,070,000 in direct materials costs, $8,856,000 in direct labor costs, and $5,535,000 in manufacturing overhead costs during the month. If the company produced 7,890,000 units of a product,
Cost Component | Amount ($) |
Direct Materials | $11,070,000 |
Direct Labor | $8,856,000 |
Manufacturing Overhead | $5,535,000 |
Units Produced | 7,890,000 |
calculate the cost per unit using the absorption costing method.
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