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MC Qu. 8-29 Romano Corporation... Romano Corporation has computed the following unit costs for the year just ended: Direct material used $10 Direct labor 15
MC Qu. 8-29 Romano Corporation... Romano Corporation has computed the following unit costs for the year just ended:
Direct material used $10
Direct labor 15
Variable manufacturing overhead 20
Fixed manufacturing overhead 23
Variable selling and administrative cost 6
Fixed selling and administrative cost 27
Under variable costing, each unit of the company's inventory would be carried at:
Multiple Choice $45. $51. $68. $101. None of the answers is correct.
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