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Urban Company reports the following information regarding its production cost: Units produced 40,000 units Direct labor $ 33 per unit Direct materials $ 38 per
Urban Company reports the following information regarding its production cost:
| Units produced | 40,000 | units |
|---|---|---|
| Direct labor | $ 33 | per unit |
| Direct materials | $ 38 | per unit |
| Variable overhead | $ 11 | per unit |
| Fixed overhead | $ 130,000 | in total |
Compute product cost per unit under variable costing.
Multiple Choice
$38.00
$71.00
$33.00
$82.00
$74.25
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Financial Accounting
Authors: C. William Thomas, Wendy M Tietz
13th Edition
013689903X, 9780136899037
