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Vega Enterprises has computed the following unit costs for the year just ended: Direct material used$12Direct labor17Variable manufacturing overhead24Fixed manufacturing overhead32Variable selling and administrative cost9Fixed

Vega Enterprises has computed the following unit costs for the year just ended:

Direct material used$12Direct labor17Variable manufacturing overhead24Fixed manufacturing overhead32Variable selling and administrative cost9Fixed selling and administrative cost16

Under absorption costing, each unit of the company's inventory would be carried at:

Multiple Choice

$33.
$53.
$62.
$85.
None of the answers is correct.

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