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Crane Equipment Company manufactures and distributes industrial air compressors. The following data are available for the year ended December 31, 2022. The company had no
Crane Equipment Company manufactures and distributes industrial air compressors. The following data are available for the year ended December 31, 2022. The company had no beginning inventory. In 2022, it produced 1.420 units but sold only 1,160 units. The unit selling price was $ 4,510. Costs and expenses were as follows: $780 1,390 Variable costs per unit Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative expenses Annual sed costs and expenses Fixed manufacturing overhead Selling and administrative expenses 220 65 $ 1,194,100 100,400 (a) Calculate the manufacturing cost of one unit of product using variable costing. Manufacturing cost $ per unit eTextbook and Media Attempts: 0 of 3 us Save for Later
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