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ABC Ltd. incurred $1,200,000 in direct materials costs, $900,000 in direct labor costs, and $600,000 in manufacturing overhead costs during the month. If the company
ABC Ltd. incurred $1,200,000 in direct materials costs, $900,000 in direct labor costs, and $600,000 in manufacturing overhead costs during the month. If the company produced 600,000 units of a product,
Cost Component | Amount ($) |
Direct Materials | $1,200,000 |
Direct Labor | $900,000 |
Manufacturing Overhead | $600,000 |
Units Produced | 600,000 |
calculate the cost per unit using the absorption costing method.
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