Biology Forums - Study Force

Monroe Corporation produced 20,000 units during the last period. The company incurred the following total costs to produce these units.

Direct materials

$240,000

Direct labor

160,000

Variable overhead

80,000

Fixed overhead

120,000

Required:

a.	Under the absorption costing method, what is the average unit product cost?

b.	Under the variable costing method, what is the average unit product cost?

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