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Bob's company builds custom fishing lures for sporting goods stores. In its first year of operations, the company incurred the following costs Variable cost per

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Bob's company builds custom fishing lures for sporting goods stores. In its first year of operations, the company incurred the following costs Variable cost per unit $6.50 2.75 5.75 3.90 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses Fixed costs for year $285,000 Fixed manufacturing overhead Fixed selling and administrative expenses Bob Company sells the fishing lures for $25. During the year, the company sold 80,000 lures and produced 95,000 lures Please answering the following questions 240,000 Assuming the company uses variable costing, calculate Bob's manufacturing cost per unit for the year. $ 15 Assuming the company uses variable costing, what is Bob's net income for the year? $ 50000x Assuming the company uses absorption costing, calculate Bob's manfacturing cost per unit for the year. $ 18 Assuming the company uses absorption costing, what is Bob's net income for the year? $ 50000

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