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Olguin Corporation produces a single product and has the following cost structure: Olguin produced 12,000 units during the year and sold 8,000 of these units.

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Olguin Corporation produces a single product and has the following cost structure: Olguin produced 12,000 units during the year and sold 8,000 of these units. There was no beginning inventory. The actual variable cost per unit was $10.00 and the total manufacturing overhead was $320,000. Total xed general, selling and administrative expenses was $360,000. $10.00 variable cost per Per unit amount NOTE: The total manufacturing overhead includes the unit cost. 000-00 0000 Variable General and administrative expenses $100 Variable selling expenses ' Required: I _ Compute the unit cost under absorption costing. _ . _' .. If the margin

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