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Sea Company reports the following information regarding its production cost: Units produced 62,000 units Direct labor $55 per unit Direct materials $48 per unit Variable

Sea Company reports the following information regarding its production cost:

Units produced 62,000 units
Direct labor $55 per unit
Direct materials $48 per unit
Variable overhead $37 per unit
Fixed overhead $155,000 in total

Compute production cost per unit under absorption costing.

$48.00

$142.50

$140.00

$103.00

$55.00

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