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Ford Motor Company reported the following data for the year: fixed manufacturing overhead $1,200,000, variable manufacturing overhead $300,000, direct materials $600,000, direct labor $400,000, and
Ford Motor Company reported the following data for the year: fixed manufacturing overhead $1,200,000, variable manufacturing overhead $300,000, direct materials $600,000, direct labor $400,000, and variable selling and administrative expenses $200,000. Under absorption costing, calculate the unit product cost assuming 10,000 units were produced and sold.
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