Question
Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Per Unit Per Year Selling price
Assume the following information for a company that produced and sold 10,000 units during its first year of operations:
|
| Per Unit | Per Year |
| Selling price | $ 200 |
|
| Direct materials | $ 75 |
|
| Direct labor | $ 50 |
|
| Variable manufacturing overhead | $ 10 |
|
| Fixed manufacturing overhead |
| $ 300,000 |
Using absorption costing, what is the companys unit product cost?
Multiple Choice
$155
$165
$135
$125
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Statutory Audits In Europe
Authors: Michael Kend, Giulia Leoni, Cristina Florio, Silvia Gaia
1st Edition
1032201738, 978-1032201733
