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A manufacturer reports the following costs to produce 10,000 units in its first...

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Accounting

A manufacturer reports the following costs to produce 10,000 units in its first year of operations: Direct materials, $10 per unit, Direct labor, $6 per unit, Variable overhead, $70,000, and Fixed overhead, $120,000. The total product cost per unit under absorption costing is:

Multiple Choice

  • $16 per unit.

  • $17 per unit.

  • $28 per unit.

  • $23 per unit.

  • $35 per unit.

Answer & Explanation Solved by verified expert
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