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Lone Star has computed the following unit costs for the year just ended: Direct materials used $12 Direct labor 18 Variable manufacturing overhead 25 Fixed

  1. Lone Star has computed the following unit costs for the year just ended:

    Direct materials used $12

    Direct labor 18

    Variable manufacturing overhead 25

    Fixed manufacturing overhead 29

    Variable selling and administrative cost 10

    Fixed selling and administrative cost 17

    Under variable costing, each unit of the company's inventory would be carried at:

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