A company makes two products, J and K, and budgets to produce 120000 units of...

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Accounting

A company makes two products, J and K, and budgets to produce 120000 units of J and 180000 units of K each year. Using traditional absorption costing, with production overheads absorbed at the rate of 40% of direct labour costs, unit product costs are as follows:
\table[[,J,K],[,S,$
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