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Apple Inc. has computed the following unit costs for the year just ended: Direct material used $15 Direct labor 21 Variable manufacturing overhead 28 Fixed
Apple Inc. has computed the following unit costs for the year just ended:
- Direct material used $15
- Direct labor 21
- Variable manufacturing overhead 28
- Fixed manufacturing overhead 32
- Variable selling and administrative cost 13
- Fixed selling and administrative cost 18
Under absorption costing, the product cost per unit will be:
a. 127$
b. 96$
c. 64$
d. 77$
Apple Inc. has computed the following unit costs for the year just ended:
- Direct material used $15
- Direct labor 21
- Variable manufacturing overhead 28
- Fixed manufacturing overhead 32
- Variable selling and administrative cost 13
- Fixed selling and administrative cost 18
a.
127$
b.
96$
c.
64$
d.
77$
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
978-0078025914
