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Marathon Mfg. manufactures running shoes. Costs incurred in making 20,000 pairs of shoes in May included $510,000 of fixed manufacturing overhead. Total absorption cost per
Marathon Mfg. manufactures running shoes. Costs incurred in making 20,000 pairs of shoes in May included $510,000 of fixed manufacturing overhead. Total absorption cost per pair of shoes was $50.
A.) Calculate the variable cost per pair of shoes.
B.) Express the shoes cost in a cost formula.
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