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Xylo produces xylophones. Each xylophone is sold for $850. Selected data for the company's operations last year follow: 0 250 225 25 Units in beginning
Xylo produces xylophones. Each xylophone is sold for $850. Selected data for the company's operations last year follow: 0 250 225 25 Units in beginning inventory Units Produced Units Sold 1 Units in ending inventory Variable Costs per unit: Direct materials Direct labor Variable Mfg Overhead Variable Selling & Admin Fixed Costs: Fixed Mfg Overhead Fixed Selling & Admin $100 $320 $40 $20 $60,000 $20,000 Required: A) Compute the unit product cost for one xylophone under absorption costing. B) Compute the unit product cost for one xylophone under variable costing
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