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TB Problem Qu. 6-256 Murphy Inc, which produces a single.. Murphy Inc., which produces a single product, has provided the following data for its most
TB Problem Qu. 6-256 Murphy Inc, which produces a single.. Murphy Inc., which produces a single product, has provided the following data for its most recent month of operation: Number of units produced Variable costs per unit: 8,500 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses $ 146 $ 72 $13 $408,000 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expenses $153,000 The company had no beginning or ending inventories. Required: a. Compute the unit product cost under absorption costing. b. Compute the unit product cost under variable costing. Unit Product Cost a. Absorption costing b. Variable costing
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