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also need help on these please. A manufacturer reports the following costs to produce 16,000 units in its first year of operations; direct materials, $16
also need help on these please.
A manufacturer reports the following costs to produce 16,000 units in its first year of operations; direct materials, $16 per unit, direct labor, $12 per unit, variable overhead, $128,000, and fixed overhead, $224,000. The total product cost per unit under absorption costing is: Multiple Choice $50 per unit. $36 per unit. $42 per unit $2B per unit. $24 per unit. During its first year of operations, the McCormick Company incurred the following manufacturing costs: The company produced 27,000 units, and sold 18,500 units, leaving 8,500 units in inventory at year-end. What is the value of ending inventory under absorption costing? Multiple Choice $153,000 $85,000 $423,000 Multiple Choice $153,000 $85,000 $423,000 $270,000 $238,000 Under absorption costing, a company had the following unit costs when 8,000 units were produced. Compute the product cost per unit under variable costing if 25,000 units had been produced. Multiple Choice $24.25 $27.25 $26.25 $24.25 $27.25 $26.25 $1750 $31.75 Hayes Incorporated provided the following information for the current year: What is the product cost per unit for the year using variable costing? Multiple Choice $126 $173 Multiple Choice $126 $173 $154 $178 $228 Step by Step Solution
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