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The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: 38 Production Selling and administrative $ 14 Fixed
The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: 38 Production Selling and administrative $ 14 Fixed costs per year: Production Selling and administrative $140,000 $ 84,000 Last year, 7,000 units were produced and 6,800 units were sold. There was no beginning inventory Under variable costing, the unit product cost would be Multiple Choice $38 per unit
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