Question
ABC Ltd. incurred $16,380,000 in direct materials costs, $13,104,000 in direct labor costs, and $8,190,000 in manufacturing overhead costs during the month. If the company
ABC Ltd. incurred $16,380,000 in direct materials costs, $13,104,000 in direct labor costs, and $8,190,000 in manufacturing overhead costs during the month. If the company produced 11,700,000 units of a product,
Cost Component | Amount ($) |
Direct Materials | $16,380,000 |
Direct Labor | $13,104,000 |
Manufacturing Overhead | $8,190,000 |
Units Produced | 11,700,000 |
calculate the cost per unit using the absorption costing method.
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
