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Obama Company sells its product for $26 per unit. During 2020, it produced 23500 units and sold 14000 units (there was no beginning inventory). Costs
Obama Company sells its product for $26 per unit. During 2020, it produced 23500 units and sold 14000 units (there was no beginning inventory). Costs per unit are: direct materials $7, direct labour $6, and variable overhead $5. Fixed costs are: $329000 manufacturing overhead, and $82250 selling and administrative expenses. The per-unit manufacturing cost under absorption costing is
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