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Why is this wrong? A company produced 25,000 units and reported the following costs: direct materials, $15 per unit; direct labor, $25 per unit; variable

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A company produced 25,000 units and reported the following costs: direct materials, $15 per unit; direct labor, $25 per unit; variable overhead, $18 per unit; and fixed overhead, $500,000 per year. Product cost per unit under absorption costing is $58. True or False True False

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