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[The following information applies to the questions displayed below.] Madrid Corporation has compiled the following information from the accounting system for the one product
[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) 740 per unit 52:02 $ 115,500 $ 109,200 $ 24 $ 140 Manufacturing overhead $ 33 Book 115 Units produced and sold (for the month) 2,100 Marketing and administrative Direct materials Direct labor erences 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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