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Clean Motors Ltd manufactures only one component for the motor vehicle industry. In one year the company produced 25,000 units of the component of which
Clean Motors Ltd manufactures only one component for the motor vehicle industry. In one year the company produced 25,000 units of the component of which 22,000 units were sold. The following costs were recorded for that year: Assuming Clean Motors Ltd applies the product cost concept, then the closing inventory for the year will have a per unit cost of;
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