Question
ABC Ltd. incurred $20,640,000 in direct materials costs, $16,512,000 in direct labor costs, and $10,320,000 in manufacturing overhead costs during the month. If the company
ABC Ltd. incurred $20,640,000 in direct materials costs, $16,512,000 in direct labor costs, and $10,320,000 in manufacturing overhead costs during the month. If the company produced 14,560,000 units of a product,
Cost Component | Amount ($) |
Direct Materials | $20,640,000 |
Direct Labor | $16,512,000 |
Manufacturing Overhead | $10,320,000 |
Units Produced | 14,560,000 |
calculate the cost per unit using the absorption costing method.
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Accounting Volume 1
Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian edition
978-013309863, 9780133128338, 013309863X, 133128334, 978-0132690096
