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Romano Corporation has computed the following unit costs for the year just ended: Direct material used $ 10 Direct labor 16 Variable manufacturing overhead 20
Romano Corporation has computed the following unit costs for the year just ended: Direct material used $ 10 Direct labor 16 Variable manufacturing overhead 20 Fixed manufacturing overhead 25 Variable selling and administrative cost 4 Fixed selling and administrative cost 30 Under variable costing, each unit of the company's inventory would be carried at: Multiple Choice O $105. O $50 O $71. O None of the answers is correct. O $46
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