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Ellis Enterprises has computed the following unit costs for the year just ended: Direct material used $ 12 18 Direct labor Variable manufacturing overhead 25
Ellis Enterprises has computed the following unit costs for the year just ended: Direct material used $ 12 18 Direct labor Variable manufacturing overhead 25 Fixed manufacturing overhead 29 10 Variable selling and administrative cost Fixed selling and administrative cost 17 Under variable costing, each unit of the company's inventory would be carried at: Multiple Choice $35. $55. $65. $84. none of the answers is correct.
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