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Vega Enterprises has computed the following unit costs for the year just ended: Direct material used $ 14 Direct labor 17 Variable manufacturing overhead 29
Vega Enterprises has computed the following unit costs for the year just ended:
Direct material used | $ | 14 | |
Direct labor | 17 | ||
Variable manufacturing overhead | 29 | ||
Fixed manufacturing overhead | 31 | ||
Variable selling and administrative cost | 11 | ||
Fixed selling and administrative cost | 19 | ||
Under absorption costing, each unit of the company's inventory would be carried at:
40
60
71
91
none of these answers are correct
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