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RAJEEV COMPANY REPORTS THE FOLOWING INFORMATION REGARDING ITS PRODUCTION COSTS. COMPUTE ITS PRODUCTION COST PER UNIT UNDER ABSORPTION COSTING. DIRECT MATERIALS 10 PER UNIT DIRECT

RAJEEV COMPANY REPORTS THE FOLOWING INFORMATION REGARDING ITS PRODUCTION COSTS. COMPUTE ITS PRODUCTION COST PER UNIT UNDER ABSORPTION COSTING.

DIRECT MATERIALS 10 PER UNIT

DIRECT LABOR 20 PER UNIT

OVERHEAD COST FOR THE YEAR

VARIABLE OVERHEAD 10 PER UNIT

FIXED OVERHEAD 160,000

UNITS PRODUCED 20,000 UNITS

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