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  1. business
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  3. during the most recent year, fairchild company had

During the most recent year, Fairchild Company had the following data associated with the product...

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Question

Accounting

During the most recent year, Fairchild Company had the
following data
associated with the product it
makes:
Variable costs per unit:
Fixed costs :
Fixed overhead per unit
produced $25.00
Fixed selling and
administrative
$100,000
Required:
How many units are in ending inventory?
Using absorption costing, A. calculate the unit product cost B. the value of ending inventory and C. Prepare an Income statement
Using marginal costing, A. calculate the unit product cost B. the value of ending inventory and C. Prepare an Income statement
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