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Exercise B Calculate the production cost per unit under absorption and variable costing assuming direct material cost was $15 per unit, direct labor cost $13.50

Exercise B Calculate the production cost per unit under absorption and variable costing assuming direct material cost was $15 per unit, direct labor cost $13.50 per unit, variable overhead $6 per unit and fixed overhead costs were $220,000. The company had a beginning finished goods inventory of 10,000 units, produced 80,000 units this period and sold 85,000 units.

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