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Prescott Corporation has computed the following unit costs for the year just ended: Direct material used $18, Direct labor $27, Variable manufacturing overhead $30, Fixed
Prescott Corporation has computed the following unit costs for the year just ended: Direct material used $18, Direct labor $27, Variable manufacturing overhead $30, Fixed manufacturing overhead $32, Variable selling and administrative cost $9, Fixed selling and administrative cost $17. Under absorption costing, each unit of the company's inventory would be carried at: $75. $107. $116. $133
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