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Brooklyn Corporation manufactures one product that is sold for $72 per unit in two departmentsthe Eris and Waris departments. The following information pertains to the
Brooklyn Corporation manufactures one product that is sold for $72 per unit in two departmentsthe Eris and Waris departments. The following information pertains to the company's first year of operations in which it produced 43,000 units and sold 38,000 units. 22 Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expense A A A 14 3 $ 5 774,000 346,000 $ The company sold 28,000 units in the East region and 10,000 units in the Waris department. It determined that $170,000 of its fixed selling and administrative expense is traceable to the Waris department, $120,000 is traceable to the Eris department, and the remaining $56,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. Required: 1. What is the unit product cost under variable costing? 2. What is the unit product cost under absoprtion costing
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