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The following information is given for J Corp. for 2021: Selling Price $65/unit Direct Materials $12/unit Variable Selling and Admin. $3/unit Units Produced 1,000 Direct
The following information is given for J Corp. for 2021:
| Selling Price | $65/unit | Direct Materials | $12/unit | Variable Selling and Admin. | $3/unit |
| Units Produced | 1,000 | Direct Labor | $24/unit | Fixed Overhead | $4,000 |
| Units Sold | 900 | Variable Overhead | $10/unit | Fixed Selling and Admin. | $1,200 |
What is the product cost per unit using Absorption Costing?
- A.
$46
- B.
$50.44
- C.
$53
- D.
$50
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GAO Financial Audit Manual Volume 2 Updated March 2021
Authors: United States Government GAO
2021 Edition
B091WM9DZW, 979-8733082875
