Given the following
data, calculate product cost per unit under absorption
costing.
| Direct labor | $ | 13 | per unit |
| Direct materials | $ | 7 | per unit |
| Overhead | |||
| Total variable overhead | $ | 26,000 | |
| Total fixed overhead | $ | 96,000 | |
| Expected units to be produced | 46,000 | units | |
Multiple Choice
$20.00 per unit
$20.57 per unit
$22.09 per unit
$22.65 per unit
$24.00 per unit
variable overhead per unit=26,000/46,000=$0.57(Approx).
fixed overhead per unit=96,000/46,000=2.09(Approx).
Unit product cost=Direct materials+Direct labor+variable overhead+fixed overhead
=7+13+0.57+2.09
=$22.65 per unit.(Approx).
Given the following data, calculate product cost per unit under absorption costing. Direct labor $ 13...
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