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Required information [The following information applies to the questions displayed below.] Madrid Corporation has compiled the following information from the accounting system for the
Required information [The following information applies to the questions displayed below.] Madrid Corporation has compiled the following information from the accounting system for the one product it sells. Sales price Fixed costs (for the month) Marketing and administrative Manufacturing overhead Variable costs (per unit) Marketing and administrative Direct materials Manufacturing overhead Direct labor Units produced and sold (for the month) 700 per unit $ 98,900 $ 135,700 26 $ 150 28 115 2,300 Required: a. Determine the variable manufacturing cost per unit. b. Determine the variable cost per unit. c. Determine the full absorption cost per unit. d. Determine the full cost per unit. a. Variable manufacturing cost per unit b. Variable cost per unit C Full absorption cost per unit d. Full cost per unit
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