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Use the following information for the question. Concord, Inc. has collected the following data for November: Units produced and sold 500 units Sales Price $50
Use the following information for the question.
Concord, Inc. has collected the following data for November:
Units produced and sold | 500 units |
Sales Price | $50 per unit |
Direct materials | $64 per unit |
Direct Labor | $68 per unit |
Variable Manufacturing Overhead | $26 per unit |
Fixed Manufacturing Overhead | $7,500 per month |
Variable selling and administrative costs | $15 per month |
Fixed selling and administrative cost | $4,400 per month |
Computing absorption costing operating income
- Using absorption costing, calculate the unit product cost
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