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Shastri Bicycle of Bombay, India, produces an inexpensive, yet rugged, bicycle for use on the city's crowded streets that it sells for 765 rupees. (Indian
Shastri Bicycle of Bombay, India, produces an inexpensive, yet rugged, bicycle for use on the city's crowded streets that it sells for 765 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected data for the company's operations last year follow: Assume that the company uses absorption costing. Compute the unit product cost for one bicycle. (Round your intermediate and final answers to the nearest whole number.) Assume that the company uses variable costing. Compute the unit product cost for one bicycle
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