Question
Vijay Company reports the following information regarding its production costs. Direct materials $ 9.70 per unit Direct labor $ 19.70 per unit Overhead costs for
Vijay Company reports the following information regarding its production costs.
| Direct materials | $ | 9.70 | per unit |
| Direct labor | $ | 19.70 | per unit |
| Overhead costs for the year | |||
| Variable overhead | $ | 9.70 | per unit |
| Fixed overhead | $ | 130,900 | |
| Units produced | 17,000 | units | |
Compute its product cost per unit under absorption costing.
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Auditing The Art and Science of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones
14th Canadian edition
134613112, 134835018, 9780134885254 , 978-0134613116
