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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.
$50.44
- B.
$46
- C.
$50
- D.
$53
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Integrated Audit Practice Case
Authors: David S. Kerr, Randal J. Elder, Alvin A. Arena
6th Edition
0912503564, 9780912503561
