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Triton Industries reports the following information regarding its production cost: Units produced 77,000 units Direct labor $ 27 per unit Direct materials $ 12 per
Triton Industries reports the following information regarding its production cost:
| Units produced | 77,000 | units |
|---|---|---|
| Direct labor | $ 27 | per unit |
| Direct materials | $ 12 | per unit |
| Variable overhead | $ 33 | per unit |
| Fixed overhead | $ 3,311,000 | in total |
a. Compute product cost per unit under variable costing. b. Compute product cost per unit under absorption costing.
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Lorena Mitrione, Michaela Rankin, Keryn Chalmers, Paul D. Kimmel
3rd Edition
